Credit Rating - Infomerics- NCD- 400 Crores
Awaiting price reaction for this filing.
Capri Global Capital Limited has received a credit rating from Infomerics Valuation and Rating Ltd. for its proposed Non-Convertible Debentures (NCDs) worth Rs. 400 Crore. Infomerics has assigned a rating of IVR AA (Double A) with a Positive outlook. This is a fresh rating action for a new debt instrument that the company plans to raise. The rationale was published on Infomerics' website on May 5, 2025. AA rating indicates a high degree of safety for lenders and is the second-highest investment-grade category.
Positive for shareholders — a high AA rating with a positive outlook reflects strong financial health and may help the company raise the Rs. 400 Crore at competitive interest rates. The positive outlook suggests further rating upgrade is possible if performance continues.