NIS Management Limited Receives ICRA Reaffirmation on Rs 105.87 Cr Rated Facilities; Outlook Upgraded to Positive
Kolkata (West Bengal) [India], February 12: NIS Management Limited, (BSE – 544495), One of the leading integrated services platforms, specialising in security, facility management, electronic security, and skill development, NIS Management Limited has received rating reaffirmation from ICRA with revision in outlook to Positive, reflecting improving financial profile, strong operational capabilities, and sustained business growth momentum. The company’s total rated bank facilities stand at ₹105.87 Cr.
Details of Rated Facilities
• Long-term – Fund Based – Term Loan: ₹5.40 Cr – [ICRA]BBB+ (Positive); Reaffirmed with outlook revised from Stable
• Long-term – Fund Based – Cash Credit: ₹71.00 Cr –[ICRA]BBB+ (Positive); Reaffirmed with outlook revised from Stable
• Short-term – Fund Based – Stan...