CGCLNSECapri Global Capital LimitedMediumNeutral
Announced Mon, 22 Sept · 14:52 IST

Capri Global Capital Limited has informed the Exchange about Credit Rating- Revision

Credit & Debt View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Capri Global Capital Limited has been assigned a credit rating of 'IND AA-/Stable' (IND Double A Minus with Stable Outlook) by India Ratings and Research for its Long Term Bank Facilities of Rs. 200 crore. The rating action is recorded as 'Rating Assigned', meaning India Ratings has formally rated these facilities at the company's request. AA- is a high investment-grade rating, indicating strong ability to meet financial commitments with low credit risk. The filing is a revised version of an earlier submission made on the same day to correct a typographical error.

Likely market impact

Securing a high investment-grade AA- rating with a Stable outlook reflects strong creditworthiness, which should support favourable borrowing terms and reassure investors and lenders about the company's financial health.