Vishal Mega Mart Limited has informed the Exchange about Credit Rating
VMM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
India Ratings and Research has affirmed the credit ratings on Vishal Mega Mart's bank facilities. The fund-based working capital limits of Rs. 2,500 million were reaffirmed at IND AA for long-term and IND A1+ for short-term, with a Positive outlook. Non-fund-based working capital limits of Rs. 50 million were reaffirmed at IND A1+. The long-term issuer rating was also reaffirmed at IND AA/Positive. The ratings were received by the company on June 3, 2025.
The affirmation with a Positive outlook signals continued strong creditworthiness and hints at a possible future upgrade, which is favorable for shareholders. This should support borrowing costs and investor confidence, with no negative impact on the stock expected from this announcement.