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Sammaan Capital Limited — Capital/Financing Update 2021
Nov 18, 2021
60400_rns_2021-11-18_7d21c2a0-14a7-42ee-9667-268aa245e814.pdf
Capital/Financing Update
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November 18, 2021
Scrip Code – 535789 IBULHSGFIN/EQ BSE Limited National Stock Exchange of India Limited Phiroze J e ejeebhoy T o wers, “Exchan g e Plaza”, Dalal Str e et, Bandra- K urla Compl e x, Bandra ( E ). MUMB A I – 400 001 MUMB A I – 400 051
Sub.: Brickwork revises rating outlook to ‘Stable’ from ‘Negative’. Reaffirms long-term credit rating at “BWR AA+”
Dear Sirs ,
This is w i th reference to the rating rationale of I ndiabulls H o using Finan c e Limited [I B H] receive d from the ratin g agency Bri c kwork Rati n gs India Pvt . Ltd., on N o vember 18, 2021. The r a ting commit t ee of Brickwor k Ratings In d ia Pvt. Ltd. h as revised th e Company’s outlook to ‘ S table’ from ‘ Negative’.
The long - term credit r ating of Indi a bulls Housi n g Finance L td has been r eaffirmed at “BWR AA + ” and Perpetual Debt rating h as been reaf f irmed at “B W R AA”.
Brickwor k noted the f o llowing in r e vising the ra t ing outlook t o stable:
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C omfortable capitalization l evels
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− E stablished m a rket positio n − S t rong liquidi t y position
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M inimal slipp a ges and hea l thy collectio n s
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− D iversified re s ource profil e
Kindly ta k e the above information o n record.
Thanking you,
Yours tru l y, For Indiabulls Housing Finance Limited
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Amit Jain Compan y Secretary
CC: Luxembourg Stock Exchange, Luxembourg Singapore Exchange Securities Trading Limited, Singapore
Indiabulls Hou s ing Finance Li m ited (CIN. L659 2 2DL2005PLC1 3 6029) C o rp. Off. Indiabull s House, 448-451, Udyog Vihar, Phase V, Gurugram -16. T. +91 124 6 68 1212 F. +91 1 24 668 1111 Reg. Off. M 62 & 63, First Floor, Connaught Pl a ce, New Delhi -0 1 . T. +91 11 4353 2 950 F. +91 11 4 3 532947 Email.h o meloans@india b ulls.com Web.Indiabullshomeloan s .com