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Magnum Ventures Limited — Credit Ratings, 19-05-2026: Credit Rating
19-05-2026 · 06:29 pm
Magnum Ventures' long-term NCDs (Rs. 230 Cr.) are reaffirmed 'ACUITE BB' with a 'Stable' outlook by Acuité Ratings. A new Rs. 50 Cr. NCD issuance also receives 'ACUITE BB/Stable'. The ratings reflect improved operating revenue & successful debt refinancing, partially offset by declining margins and intensive working capital.
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