Modison Ltd

Modison Ltd’s Credit Ratings Reaffirmed & Expanded 🏦📈

- CARE Ratings reaffirmed credit ratings for Modison’s existing facilities with HDFC Bank: ₹115 crore (Long Term) at 'CARE A; Stable' and ₹17.5 crore (Short Term) at 'CARE A1'.

- New facilities with CITI Bank (₹25 crore) assigned 'CARE A; Stable' (Long Term) and 'CARE A1' (Short Term).

- Total rated facilities now stand at ₹157.5 crore, combining existing and newly assigned facilities.

- Ratings based on Modison’s operational and financial performance for FY25 (Audited) and H1FY26 (Unaudited).

- CARE Ratings may review or revise ratings based on future developments or lack of information.

- Ratings are not financial transaction recommendations and exclude sovereign risk for foreign currency loans.

- Modison has been informed, and details are available on their website.