Sakthi Finance Ltd — Updates, 16-07-2025: Company Update
16-07-2025 | 11:17 am
16-07-2025 | 11:17 am
Sakthi Finance has received credit ratings from ICRA Limited for its debt instruments and bank facilities. ICRA assigned an [ICRA]IBBB(Stable) rating for a proposed public issue of Non-Convertible Debentures (NCDs totaling 156.50 Cr) and reaffirmed the same rating for existing NCDs (888.36 Cr), fixed deposits, and long-term bank facilities (cash credit: 100.00 Cr; term loans: 114.76 Cr). Short-term facilities, including working capital demand loans (100.00 Cr), were reaffirmed at [ICRA]A2. These ratings reflect the company's creditworthiness and its capacity to meet financial obligations, which is key information for investors.
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