CARE Ratings Limited had issued a credit rating letter dated 1st October, 2025. Further, it was brought to our notice that there was factual rectification required in page 3 with respect ....
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Awaiting price reaction for this filing.
Nisus Finance Services informed BSE that CARE Ratings Limited had issued a credit rating letter dated 1st October 2025. A factual correction was needed on page 3 of that letter concerning the acquisition of shares in NCCCL. CARE Ratings has since issued a revised letter rectifying the relevant statement, which is now available on their portal. The revised document has also been placed on the company's website. No change in the actual credit rating is indicated in this filing.
This is a minor administrative correction rather than a rating action, so it is unlikely to have any meaningful impact on the stock price or shareholder value. Investors may, however, review the revised CARE Ratings letter for clarity on the NCCCL share acquisition.