ALPHA TRIBE

SG Finserve LtdImportant, 24-12-2025: Company Update

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!

All announcements from SG Finserve Ltd