Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
IIFLCAPS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CRISIL Ratings has reviewed IIFL Capital Services' bank facilities. The Long Term Bank Loan Facilities of Rs 175 crore has been rated CRISIL AA-/Watch Positive, meaning it is placed on rating watch with positive implications (potential for upgrade). Short Term Bank Loan Facilities of Rs 2,025 crore and Commercial Paper of Rs 3,050 crore have both been reaffirmed at CRISIL A1+ (highest short-term rating). This indicates strong creditworthiness with an expectation of possible rating improvement for long-term facilities.
Positive development for investors - the AA- rating on watch positive signals potential rating upgrade ahead, while reaffirmation of A1+ for short-term facilities maintains the highest credit quality for those instruments.