FilingReader Intelligence
Religare subsidiary gets credit rating upgrade
July 29, 2025 at 03:11 PM UTC•By FilingReader AI
Religare Broking Limited, a material subsidiary of Religare Enterprises Limited, had its credit rating upgraded by CARE Ratings Limited. The long-term/short-term bank facilities of Rs. 500 crore were upgraded from CARE BBB / CARE A3+ to CARE BBB+; Stable / CARE A2.
The upgrade removed the facilities from Rating Watch with Positive Implications, assigning a stable outlook.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:RELIGARE•Bombay Stock Exchange
News Alerts
Get instant email alerts when Religare Enterprises publishes news
Free account required • Unsubscribe anytime