Happiest Minds Technologies Limited — Credit Ratings, 23-12-2025: Credit Rating

Care Ratings has assigned Happiest Minds an 'A1+' rating for its Rs 5 Cr Short-term Bank Facilities. The agency reaffirmed 'AA-; Stable' ratings for Rs 80 Cr Non-Convertible Debentures and Rs 412.98 Cr Long-term Bank Facilities. For Rs 390 Cr Long-term/Short-term Bank Facilities, a 'AA-; Stable / A1+' rating was also reaffirmed.