ICRA reaffirms A1+ rating on Rs 25 Cr short-term debt programme
NAHARCAP · price
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Nahar Capital and Financial Services has been informed by ICRA Limited that the credit rating for its proposed Short Term Debt and Commercial Paper Programme of Rs 25 crore has been reaffirmed at ICRA A1 plus. This is the highest short term rating tier, indicating a very strong degree of safety regarding timely payment of financial obligations and the lowest credit risk for such instruments. The rating was communicated to the exchanges on July 27, 2026.
Reaffirmation at the top tier rating supports easy access to short term funding at low borrowing cost, positive for the company.