SRG Housing Finance Limited has informed the Exchange about Credit Rating

New Credit FacilityCredit & Debt View source PDF

SRGHFL · price

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▲ 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

+7.3%1-day move

₹293.65

prior close

₹302.10

base price

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AI summary

SRG Housing Finance Limited has received its first credit rating from Acuité Ratings & Research Limited. The company has been assigned 'Acuite A-; Stable' rating for proposed Non-Convertible Debentures (NCD) of Rs. 100 crore and proposed long-term bank loans of Rs. 300 crore, totaling Rs. 400 crore in debt instruments. The 'Stable' outlook indicates the rating is expected to remain unchanged in the near term. This is an investment-grade rating reflecting moderate credit risk.

Likely market impact

A stable investment-grade rating (A-) is positive for the company's fundraising plans, indicating credible creditworthiness to access debt markets at competitive rates. The stable outlook suggests no immediate concerns for bondholders or lenders.