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Phoenix Mills' bank facilities upgraded to IND AA+ by India Ratings and Research
01-Sep-26 15:58Hrs IST

Phoenix Mills Ltd announced that India Ratings and Research Private Limited, formerly Fitch Ratings India Private Limited, has upgraded its ratings on the company's bank facilities from IND AA to IND AA+ and affirmed the IND A1+ rating for Commercial Paper, Commercial Paper, and Commercial Paper; the rating rationale published by the Credit Rating Agency is enclosed, and the information is also being uploaded to the company’s website; there were no enhancements, assignments, or withdrawals related to these ratings.

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