Announced Mon, 28 Sept, 2026 · 20:05 IST
Saksoft credit rating upgraded to CARE A+; bank facility enhanced to Rs 40 crore
SAKSOFT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹141.76
prior close
₹142.50
base price
After-mkt
timing
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-1.0-1.3-1.4-1.3-1.2-1.8+0.2+0.5-1.8—————
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AI summary
CARE Ratings upgraded Saksoft's long-term bank facility rating from CARE A; Stable to CARE A+; Stable, with the facility amount enhanced from Rs 12 crore to Rs 40 crore. Short-term bank facilities of Rs 3 crore were reaffirmed at CARE A1. The upgrade reflects an improved credit profile and stronger repayment capacity.
Likely market impact
Lower borrowing costs likely, higher sanctioned credit of Rs 40 crore signals stronger lender confidence in the company's financial health.