Capri Global Capital Limited has informed the Exchange about Credit Rating
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CRISIL Ratings has reaffirmed Capri Global Capital's credit rating at 'CRISIL A1+', which is the highest short-term rating. Additionally, the Commercial Paper Programme limit has been enhanced from Rs. 700 crore to Rs. 1,500 crore, more than doubling the company's short-term borrowing capacity. The rating reaffirmation indicates CRISIL's continued confidence in the company's ability to meet its short-term financial obligations. The enhanced limit provides Capri Global with greater flexibility to raise short-term funds for its lending operations.
Positive for shareholders — the top-tier rating reaffirmation and expanded Rs. 1,500 Cr Commercial Paper limit signal strong creditworthiness and improved access to short-term funding, which could support business growth at competitive rates.