SG Finserve Ltd — Updates, 27-05-2025: Company Update
27-05-2025 | 01:47 pm
27-05-2025 | 01:47 pm
SG Finserve Limited has announced a board meeting to consider the financial results for the quarter and half-year. ICRA Limited has converted the credit rating for Rs. 150 crore of the company’s bank loan facilities from provisional to final and reaffirmed the rating for the remaining Rs. 350 crore, maintaining a stable outlook. The rated facilities (Rs. 75 crore each from Federal Bank and Bandhan Bank) carry a high degree of safety with very low credit risk, reflecting strong creditworthiness. This rating confirmation enhances SG Finserve’s funding credibility and supports its borrowing profile.
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