Spandana Sphoorty Financial LimitedSPANDANADeterioratingMajormateriality 79 out of 100
Credit Rating
Update 2 of 8 in a matter ongoing since Procedural
Creditcredit downgrade
As filed
Spandana Sphoorty Financial Limited has informed the Exchange about Credit Rating
Why it matters
CapitSignal interpretationA downgrade raises the interest rate on refinancing and can trip covenants tied to the rating, so it costs cash even when nothing else changes.