Infomerics Assigns IVR BBB-/Stable Rating to Peninsula Land's Bank Facility
Peninsula Land Ltd has received a credit rating from Infomerics Valuation and Rating Limited for a bank facility availed from Bank of Maharashtra. The rating assignment, which was announced on May 22, 2026, pertains to the company's Long Term Rating (LTR) for the specific loan facility.According to the rating details, Infomerics assigned an IVR BBB-/Stable rating to the facility. The rated facility involves an LRD Loan from Bank of Maharashtra, amounting to Rs. 278.9 Crore.
The key details of the rating assignment are summarized in the table below:
| Lender Name | Facility/Instrument | Amount (in Crore) | Rating | Rating Action |
|---|---|---|---|---|
| Bank of Maharashtra | LRD Loan | 278.9 | IVR BBB-/Stable | Assigned |
The assignment of this credit rating was detailed in the communication received by Peninsula Land Ltd, confirming the standing of the bank facility.
PENINLAND Stock Price Movement
Shares of Peninsula Land Limited are rallying to ₹16.8 as of 12:14 PM today, climbing 1.69% in live trading. The stock is seeing noticeable volume, with 34,748 shares changing hands so far during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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