With respect to the captioned subject and our earlier intimation dated October 01, 2025, we are pleased to inform you that Care Ratings Limited (CARE) has revised the outlook of the credit ratings assigned to the Bank facilities of the Company from Outlook: Stable / CARE A3 to Outlook: Positive / CARE A3 vide their letter dated October 09, 2025
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Awaiting price reaction for this filing.
CARE Ratings has revised its outlook on Baid Finserv's bank facilities from 'Stable' to 'Positive' while keeping the existing short-term rating unchanged at CARE A3. A CARE A3 rating indicates adequate safety and low credit risk for timely payment of short-term obligations. The change in outlook to Positive signals that the rating agency sees potential for an upgrade in the near term if the company's financial profile continues to strengthen. This follows an earlier intimation from the company dated October 01, 2025, and the formal communication from CARE was received on October 09, 2025.
Positive development for shareholders — reflects improving credit profile and may lead to lower borrowing costs going forward. Likely to boost investor confidence, though the actual rating letter (A3) remains the same for now.