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Crisil Ratings assigned and reaffirmed ratings for Unifinz Capital India Ltd’s Non-Convertible Debentures
31-Oct-26 19:03Hrs IST

Unifinz Capital India Ltd announced that Crisil Ratings has assigned a rating of Crisil BBB-/Stable to Non-Convertible Debentures amounting to Rs. 100 crore and reaffirmed a rating of Crisil BBB-/Stable to Non-Convertible Debentures amounting to Rs. 70 crore; the agency continues to monitor developments, noting factors such as adequate capital and a healthy earnings profile, while also highlighting a relatively high cost of funding for Non-Convertible Debentures (Rs 555 crore), Term Loans (Rs 555 crore), and Inter Corporate Deposits (Rs 555 crore). Additionally, Crisil has assigned complexity levels ranging from 'a' to 'mY' to various Non-Convertible and Convertible Debentures, alongside ratings of BBB/Stable for certain debentures, and has also provided ratings for other instruments including Convertible Debentures and Debentures.

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