FilingReader Intelligence

Omaxe receives credit ratings for debt facilities and subsidiary

July 5, 2025 at 10:09 AM UTCBy FilingReader AI

OMAXE has received credit ratings from Infomerics Valuation and Rating Limited for its financial obligations. The agency assigned a "IVR BB+/Stable" rating with a Stable Outlook to OMAXE's long-term bank facilities. In a related announcement, Infomerics also rated the proposed Non-Convertible Debentures (NCD) of Bhanu Infrabuild Private Limited, a wholly-owned step-down subsidiary of OMAXE, with the same "IVR BB+/Stable" rating and Stable Outlook. These ratings, communicated in letters dated July 4, 2025, reflect Infomerics' assessment of OMAXE and its subsidiary's creditworthiness. OMAXE disclosed this information in compliance with SEBI regulations, ensuring transparency for investors.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:OMAXEBombay Stock Exchange

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