Optiemus Infracom Limited has informed the Exchange about Credit Rating
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Optiemus Infracom Limited has received upgraded credit ratings from CRISIL Ratings Limited after switching its rating mandate from ICRA Limited. The long-term rating has been upgraded to CRISIL BBB/Stable for Rs. 50 crore of bank loan facilities, while the short-term rating has been upgraded to CRISIL A3+. Previously, the company held ICRA BBB- (Stable) for long-term and ICRA A3 for short-term ratings. This upgrade reflects improved creditworthiness assessment by the new rating agency.
The rating upgrade signals improved financial health and lower credit risk, which could boost investor confidence and potentially lower borrowing costs for the company.