SG Finserve Ltd — Important, 24-12-2025: Company Update
24-12-2025 | 11:33 am
24-12-2025 | 11:33 am
SG Finserve Limited received updated credit ratings from ICRA. The company's long-term fund-based/non-fund-based bank facilities totaling 650 Cr and proposed 300 Cr, along with non-convertible debentures of 50 Cr and proposed 150 Cr, were reaffirmed at [ICRA]AA(CE)(Stable). Its commercial paper of 200 Cr was also reaffirmed at [ICRA]A1+. Additionally, fund-based bank facilities of 50 Cr were assigned a final [ICRA]AA(CE)(Stable) rating, upgraded from provisional. These ratings indicate strong creditworthiness, benefiting the company's financial operations and access to capital.
No comments yet. Be the first to comment!
