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Capri Global Capital Adjusts Credit Ratings and Debenture Limits

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Capri Global Capital Adjusts Credit Ratings and Debenture Limits

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Capri Global Capital Limited ( (IN:CGCL) ) has provided an announcement.

Capri Global Capital Limited announced changes in its credit ratings, with Acuite Ratings & Research Limited withdrawing the credit rating for its Commercial Paper worth Rs. 100 crore and enhancing the limit for Non-Convertible Debentures from Rs. 150 crore to Rs. 550 crore. This adjustment in credit ratings reflects a strategic shift in the company’s financial structuring, potentially impacting its market positioning and offering increased investment opportunities for stakeholders.

More about Capri Global Capital Limited

Capri Global Capital Limited operates in the financial services industry, focusing on providing credit and investment solutions. The company is involved in offering a range of financial products including loans and debentures, catering to various market segments.

YTD Price Performance: -11.63%

Average Trading Volume: 221,910

Current Market Cap: 136.7B INR

Learn more about CGCL stock on TipRanks’ Stock Analysis page.

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