Receives 'BBB- | Stable' Credit Rating from Acuité
IBL Finance Limited · IBLFL · NSE ·
Acuité Ratings has assigned a new long-term rating of 'ACUITE BBB- | Stable' to the company's Rs. 50 Cr bank loan facilities and Rs. 50 Cr proposed Non-Convertible Debentures (NCDs). The rating is supported by a healthy capital structure, comfortable gearing (0.75x), and strong A…