SRG Housing Finance Limited has informed the Exchange about Credit Rating
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SRG Housing Finance has informed the exchanges that CARE Ratings has withdrawn its credit rating on the company's bank facilities. The withdrawal was done at the company's own request, made via email dated February 4, 2026. The company stated it voluntarily requested this because it already has an existing credit rating of ACUITE BBB+ (Positive) from Acuité Ratings & Research. CARE Ratings confirmed the withdrawal will be announced through a press release, and the company has been asked to stop using the CARE rating for any purpose going forward.
This is an administrative action rather than a negative event, since the company itself requested the withdrawal and continues to hold an investment-grade BBB+ (Positive) rating from Acuité. Shareholders should not read this as a credit quality concern, but the move consolidates the company's rating coverage with a single agency.