Innova Captab Limited has informed the Exchange about Credit Rating
INNOVACAP · price
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CARE Ratings has reaffirmed Innova Captab's credit ratings on its bank facilities, with the long-term rating kept at 'CARE A' with a Positive outlook and the short-term rating at 'CARE A1'. The long-term facility limit has been enhanced from ₹389.38 crore to ₹426.72 crore, while the short-term facility limit has been doubled from ₹20 crore to ₹40 crore. The reaffirmation is based on the company's operational and financial performance in FY25 (audited) and 9MFY26 (unaudited). CARE A indicates adequate safety for long-term debt, and CARE A1 is the highest grade for short-term obligations, signalling strong repayment capacity.
This is a positive development for shareholders — the ratings have been maintained at investment-grade levels and the Positive outlook on the long-term rating hints at possible further upgrade. Enhanced credit limits also indicate banks' continued confidence in the company and provide it with greater financial flexibility.