S Chand And Company Limited — Credit Ratings, 30-07-2025: Credit Rating- Revision
30-07-2025 | 05:33 pm
30-07-2025 | 05:33 pm
S Chand And Company Limited has received an upgrade in its credit ratings from CARE Ratings, moving its long-term bank facilities from CARE A-; Positive to CARE A; Stable. Short-term ratings also saw an improvement. This positive action, affecting total facilities of 126.26 Cr, reflects the company's strong operational and financial performance during FY2024-25. Key subsidiaries, Vikas Publishing House (62.95 Cr facilities) and New Saraswati House (25.00 Cr facilities), also saw their ratings upgraded to CARE A; Stable. This overall rating enhancement is likely to improve the S Chand Group's standing, potentially leading to lower borrowing costs and boosted investor confidence.
No comments yet. Be the first to comment!
