CMS Info Systems Limited announced that ICRA Limited has reaffirmed its credit ratings for the company’s bank facilities, effective March 31, 2026. The Short-Term rating was reaffirmed at [ICRA] A1+, and the Long-Term rating was reaffirmed at [ICRA] AA+ (Stable). Crucially, both ratings were assigned alongside an enhanced limit for the respective facilities, signaling continued financial strength and stability.
Credit Rating Update Announced
CMS Info Systems Limited has officially communicated an update regarding its credit ratings pursuant to regulatory disclosures. The company confirmed that the rating agency, ICRA Limited (ICRA), has completed its review of the facilities.
Reaffirmation Details
The review resulted in the reaffirmation of existing ratings for both the Short-Term and Long-Term bank facilities. The key outcome announced on March 31, 2026, includes:
- Short-Term Facilities: Reaffirmed at [ICRA] A1+.
- Long-Term Facilities: Reaffirmed at [ICRA] AA+ (Stable).
Enhanced Limit
A significant aspect of this announcement is that both the reaffirmed rating for the Short-Term and Long-Term facilities were assigned specifically for an enhanced limit. This suggests improved access to capital markets and sustained confidence from the rating agency regarding CMS Info Systems Limited’s financial health and operational performance.
The disclosure was signed by Debashis Dey, Company Secretary & Compliance Officer.
Source: BSE
