Capri Global Capital Limited — Credit Ratings, 01-05-2025: Credit Rating- Others

Acuite has reaffirmed Capri Global Capital Limited’s AA rating with a stable outlook on its bank loans and increased the Non-Convertible Debentures (NCD) limit from Rs. 150 Cr to Rs. 550 Cr, while withdrawing the Rs. 100 Cr Commercial Paper rating. This action reflects the company’s strong financial health and enhanced borrowing capacity, supporting its strategic funding plans. The stable outlook and higher NCD limit should help reduce the overall cost of borrowing and enhance investor confidence by underscoring robust creditworthiness and effective liquidity management.