7 Mar 2022 , 09:30 AM
CRISIL Ratings Limited has re-affirmed the ratings to various borrowing programmes of Edelweiss Financial Services Limited. The rating on Rs1,500 crore Non-Convertible Debentures (NCDs) has been reaffirmed at CRISIL AA-/Negative. For Rs300 crore long-term Principal Protected Market Linked Debentures, CRISIL PPMLD AA-r/Negative has been reaffirmed.
The credit rating agency has also reaffirmed CRISIL AA-/Negative rating on Rs1,000 crore Retail Bond. On Rs500 crore Commercial Papers, CRISIL A1+ has been reaffirmed.
At around 9.33 am, Edelweiss Financial Services Ltd was trading at Rs51.25 per piece down by Rs1.85 or 3.48% from its previous closing of Rs53.10 per piece on the BSE.
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