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Navneet Education Ltd’s ratings reaffirmed by Crisil, including a Rs. 300 crore Commercial Paper

19-Oct-26 18:11 Hrs 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.

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