Share India Securities Limited — Credit Ratings, 03-06-2025: Credit Rating- Revision

Infomerics Valuation and Rating Private Limited has downgraded Share India Securities Limited’s short-term credit ratings to IVR A1 for proposed commercial paper and bank guarantee facilities totaling Rs 1800 Cr. This downgrade stems from the company’s transition to CRISIL Ratings and Infomerics’ unilateral action due to non-cooperation in ratings withdrawal. However, CRISIL has recently reaffirmed the company’s credit ratings, indicating stable credit fundamentals. While the Infomerics downgrade may temporarily weigh on investor sentiment and borrowing costs tied to these specific ratings, the overall credit profile remains steady given the continued support from CRISIL and ongoing resolution of rating processes.