Mirza International Limited (MIRZAINT) — Announcement

· NSE 🔴 High Importance Neutral
📢 Key Event
ICRA downgrades Mirza International's credit ratings
🔄 What Changed
Downgraded long-term to BBB+(Stable) and short-term to A2
🔮 What's Next
Surveillance within one year; future reviews possible
💡 Investor Takeaway
Investors should monitor debt instrument risks and surveillance timelines.

ICRA downgraded Mirza International's long-term rating to BBB+(Stable) from BBB+ and short-term rating to A2, affecting facilities totaling ₹205 crores. The revision includes a one-year surveillance window and requires lenders to monitor future changes. This credit rating action signals increased perceived risk for investors in the company's debt instruments.

📄 View Original Announcement (PDF)

About Mirza International Limited (MIRZAINT)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹427.87 Cr P/E: 193.5

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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