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Navneet Education Ltd’s ratings reaffirmed by Crisil, including a Rs. 300 crore Commercial Paper
19-Oct-26 18:11Hrs IST

Navneet Education Ltd announced that Crisil Ratings Limited and Crisil have reaffirmed their ratings on various instruments, including a Bank Guarantee of Rs. 2.00 crore, Commercial Paper of Rs. 300.00 crore, and Bank facilities of Rs. 2 crore, all carrying a rating of CRISIL A1+ and Crisil A1+ respectively; the Commercial Paper rating is valid for 60 calendar days unless revised, and all ratings are kept under continuous surveillance and review. Additionally, Crisil has placed Listed/Proposed to be listed bonds/debentures/preference share, Unlisted/Proposed to be unlisted Bonds/Debentures/ Preference share, Listed PTCs / Securitisation Notes, Unlisted PTCs / Securitisation Notes, Listed Commercial Paper and NCDs, Unlisted Commercial Paper and NCDs, Loan Facilities (Fund/Non-Fund Based), External Commercial Borrowings, Certificates of Deposit, and Fixed Deposits under surveillance; Sil Ratings Limited has provided ratings, but details regarding the quantum and regulators are to be captured separately, with certain instruments deemed not applicable or not specified.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

"Contents which are exclusively for Non-Broking Products/Services, "Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc. where the Member is just a distributor. These are not Exchange traded product and the Member is just acting as distributor. It should also state that all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism."

A Muthoot M George Enterprise