Capri Global Capital Limited — Credit Ratings, 27-06-2025: Credit Rating- Others
27-06-2025 | 08:15 pm
27-06-2025 | 08:15 pm
CARE Ratings has withdrawn the credit rating on Capri Global Capital’s Commercial Paper of Rs. 700 crore at the company's request. This withdrawal indicates the company currently does not have a rated CP program outstanding, which may impact short-term borrowing visibility for investors. While no direct change to credit quality or cost of borrowing arises from a withdrawal, the absence of a rating could reduce investor confidence and limit the company’s ability to swiftly raise short-term funds through rated instruments until a new rating is sought.
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