Capacite Infraprojects Limited has informed the Exchange about Credit Rating
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Capacit'e Infraprojects Limited has received a credit rating upgrade from Infomerics Valuation and Rating Limited across multiple facilities totalling ₹1,747.03 crore. The long-term rating has been upgraded from IVR BBB-/Stable to IVR BBB/Stable, while the short-term rating moved up from IVR A3 to IVR A3+. Some credit limits were enhanced — long-term facilities rose from ₹287.81 crore to ₹307.49 crore, short-term facilities doubled from ₹30 crore to ₹55 crore, and proposed facilities increased from ₹180.14 crore to ₹255.56 crore. A few older facilities (totalling about ₹117.86 crore) have been withdrawn. The upgrade reflects improved creditworthiness as assessed by the rating agency.
Positive for shareholders — the rating upgrade signals stronger financial health and may help the company raise debt at lower interest costs, improving profitability and investor confidence in the stock.