Capri Global Capital Limited has announced an upgrade in its credit ratings for both its bank loan facilities and Non-Convertible Debentures (NCDs). The upgrade, issued by Infomerics Valuation and Rating Limited, raises the rating to IVR AA+/Stable. This enhancement reflects improved financial standing and is applicable to facilities totaling ₹9,595 crore (bank loans) and ₹3,000 crore (NCDs).
Capri Loans Sees Credit Rating Upgrade
Capri Global Capital Limited has received a significant upgrade in its credit ratings from Infomerics Valuation and Rating Limited. The rating agency has elevated the company’s credit profile to IVR AA+/Stable, marking a positive development for its financial health and borrowing capabilities. This upgrade applies to both the company’s substantial bank loan facilities and its Non-Convertible Debentures (NCDs).
Key Financial Facilities Upgraded
The upgraded credit rating encompasses:
- Bank Loan Facilities: A total of ₹9,595 crore has been upgraded to IVR AA+/Stable.
- Non-Convertible Debentures (NCDs): A quantum of ₹3,000 crore in NCDs also received the upgraded rating of IVR AA+/Stable.
Previously, these facilities were rated IVR AA/Positive. The upgrade to a higher rating signifies improved creditworthiness and potentially better terms for future financing. The rationale behind this upgrade has been published by Infomerics and is available on their website.
Company Statement
Capri Global Capital Limited stated that the credit rating agency Infomerics completed its review and assigned the improved rating. This development is being shared with stakeholders as per regulatory requirements. The information was received by the company on August 7, 2026, at 08:43 p.m. (IST).
Source: BSE
