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    ALPHA TRIBE

    Peninsula Land Limited — Credit Ratings, 25-11-2025: Credit Rating- Revision

    25-11-2025 | 05:51 pm

    Peninsula Land's long-term bank facilities (₹300 Cr) were downgraded by CARE Ratings to CARE BB+; Stable from CARE BBB-; Stable. This reflects increased delays in lease rentals, continued business losses, and weakened debt coverage. The upcoming Optionally Convertible Debentures (OCDs) redemption is also expected to pressure liquidity.

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