SRGHFLNSESRG Housing Finance LimitedMediumNegative
Announced Tue, 24 Mar · 22:27 IST

SRG Housing Finance Limited has informed the Exchange about Credit Rating

Credit & 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
+0.2%1-day move
₹232.15
prior close
₹240.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0-0.0-0.0-3.5+0.2+9.4+6.6+5.2+6.1+14.6+18.1+21.5+21.5+27.5
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AI summary

SRG Housing Finance has informed the exchanges that CARE Ratings has withdrawn its credit rating on the company's bank facilities.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.

Likely market impact

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.