Corporate Announcement
Security Code : 500111    Company : RELCAPITAL    
 
Announcement under Regulation 30 (LODR)-Credit RatingDownload PDF Download XBRL
  Exchange Received Time  06/03/2019 21:01:33         Exchange Disseminated Time   06/03/2019 21:01:39              Time Taken   00:00:06
We wish to inform you that the CARE Ratings (CARE) has revised its rating to A+ (credit watch with developing implications) for long-term debt programme, market linked debentures and subordinated debt of the Company. CARE has stated this action is primarily due to delay in monetising the non-core investments coupled with lower than envisaged fund inflows and tighter funding environment prevailing for the NBFC sector.
 

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