BSECompany Update22 Oct 2026 · 22 Oct 2026, 04:46 pm
The Credit Rating Agency has removed the Company from Watch list with Negative Implications and has upgraded outlook as "IVR BBB- / Stable".
B-Right Realestate Ltd · 543543
✦ AI Summary▲ PositiveRating Change
B-Right Realestate Ltd has received a credit rating letter from Infomerics Valuation and Rating Limited, reaffirming the credit rating at IVR BBB- / Stable and removing the rating from Watch with Negative Implications.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment7/10
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Full Announcement
B-Right Realestate Ltd - 543543 - Announcement under Regulation 30 (LODR)-Credit Rating
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B-RIGHT REALESTATE LIMITED
CIN: L70100MH2007PLC282631
October 22, 2026
The Manager,
Department of Corporate Services,
BSE Limited
P. J. Towers, Dalal Street,
Mumbai – 400001.
Scrip Code-543543
Sub.: Intimation regarding Credit Rating Letter under Regulation 30 of the Securities and
Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
(the “SEBI Listing Regulations”).
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we wish to inform you that the Company has received a credit rating letter from
Infomerics Valuation and Rating Limited in respect of its Fixed Deposits.
The rating agency has reaffirmed the credit rating at IVR BBB- / Stable and has removed the rating
from Watch with Negative Implications, assigning a Stable Outlook.
A copy of the credit rating letter received from Infomerics Valuation and Rating Limited is enclosed
herewith for your information and records.
You are requested to take the same on your record.
Yours faithfully,
For B-Right Realestate Limited
Bhagyashree Mehadia
Company Secretary & Compliance Officer
ACS: 77087
Place: Mumbai
REGISTERED OFFICE CONTACT US
702, 7th Floor, Shah Trade Centre, Website: www.b-rightgroup.com
Rani Sati Marg, Malad (East), Email: info@b-rightgroup.com
Mumbai - 400 097, India. Phone: +91 22 4603 5689
INFOIIERICS VALUATTON AND RATINO LTD,
O O O
lntegrated Financial Omnibus Metrics Research of lnternational Corporafe Sysfems
lnfomerics (Formerly lnfomerics Valuation And Rating Pvt. Ltd.)
Rotinqs
Mr$anjay N. Shah
Chairman and Managing Director
B-Right RealEstate Limited
702, Shah Trade Centre, 7th Floor, Above SBI Bank,
Rani Sati Road, Near Western Express Highway,
Malad (East), Mumbai - 400097, Maharashtra
October 21,2026
Dear Sir,
Credit ratinq for fixed deposits
After taking into account all the relevant recent developments including operational and
financial performance of your company for FY26,
Our Rating Committee has reviewed the following ratings:
Amount
lnstrument Ratings Rating Action Regulator^
(Rs. crore)
Rating reaffirmed;
0.88 Removed from watch
IVR BBB-
Fixed Deposits (Reduced from Rs.40.00 with Negative MCA
/Stable
crore) lmplications; Stable
Outlook assiqned
Total 0.88 (Rupees Eighty Eight Lakhs Only)
^Kindly not6 that for activities or instruments falling under the purview of FSRs other than SEBI, the
grievance/dispute redressal mechanisms and investor protection mechanisms provided by SEBI shall not be
available.
2. Details of the rated facilities are provided in Annexure I and list of activities /
instruments and names of regulators are given in Annexure ll.
3. For rating symbols for long term and short-term rating, definitions, criteria,
methodologies and appeal policy please refer to our website
i{4$rw. nfomeri cs. co m.
The press release for the rating(s) will be communicated to you shortly.
5. The above rating is normally valid for a period of one year from the date of the
rating committee (that is February 23,20271.
lf the proposed long term / short term facility (if any) is not availed within a period
of six months / three months respectively from the date of this letter, then the
tacilifiJ
rating may please be revalidated from us before availing lhe
Registered Office : Flat No. 1041108, First Floor Golf Apartmentsa$Ularg)$i6Sh Park, Maharishi Ramanna Marg, New Delhi -'110003, (lNDlA)
Phone : 011- 41410244,40154576
Gorporate Office : Office No. 1102, 1103,1104, B-Wing, Kanakia Wall Street, Off. Andheri Kurla Road, Andheri East, Mumbai-400093, (lNDlA)
Phone No. :022 - 62396023, 62396053 E-mail : info@infomerics.com, Website : www.infomerics.com
CIN : U32202DL1 986PLC02457 5
lnfomerics
Rotinos
a. INFOMERICS reserves the right to undeftake a surveillance/review of the
rating(s) from time to time, based on circumstances warranting such review,
subject to at least one such review/surveillance every year.
A formal surveillance/review of the rating is normally conducted within 12 months
from the date of initial rating/last review of the rating. However, INFOMERICS
reserves the right to undertake a surveillance/review of the rating more than once
a year if in the opinion of INFOMERICS, circumstances warrant such
surveillance/review.
9. You shall provide us with a No Default Statement as at the last date of the
month on the first date of succeeding month without fail. The NDS shall be
mailed every month to nds@lnfomerics.com and to the mail id of the
undersigned.
10. You shall provide the quarterly performance results/quarterly operational
data (being submitted to Banks) to us within 6 weeks from the close of
each calendar quarter for our review/monitoring.
1 1. You shall furnish all material information and any other information called for by
INFOMERICS in a timely manner, for monitoring the rating assigned by
INFOMERICS. ln the event of failure on your part in furnishing such information,
to catry out continuous monitoring of the rating of the bank facilities,
INFOMERICS shall carry out the review/annual surveillance based on best
available information throughout the lifetime of such bank facilities as per the
policy of INFOMERICS.
12. Please note that INFOMERICS ratings are not recommendations to buy, sell or
hold any security or to sanction, renew, disburse or recall the bank facilities.
INFOMERICS do not take into account the sovereign risk, if any, attached to the
foreign currency loans, and the ratings are applicable only to the rupee
equivalent of these loans.
13. Users of this rating may kindly refer ourwebsite Www.i.n&f_nerigg.com for latest
update on the outstanding raling/. 7r1
Page 2 of 6
Continuation Sheef No.
lnfomerics
Rotinos
Y+. Further, this is to mention that all the clauses mentioned in the initial rating letter
dated September 9, 2022 also stand applicable. lf you need any clarification,
you are welcome to approach us in this regard.
Thanking you,
Yours faithfully,
Nilesh Gupta Sudarshan Shreenivas
Sr. Rating Analyst Director - Ratings
Email: nilesh.qupta@infomerics.com, Em a i I : s u d a rs h a n . s h ree n iva s @ i nf o m eri c_s. co m
Disclaimer: lnfomerics ratings are independent opinions on the credit risk of the issue/issuer as of the date
they are assigned and do not constitute statements of fact or recommendations to buy, hold or sell
securities. The rating reflects lnfomerics' opinion on the relatlve credit risk of the rated instrument or entity at
the time it is assigned. lnfomerics reseryes the right to change or withdraw the credit ratings at any point in
time. lnfomerics ratings are based on information and data provided by the issuer or obtalned from sources
believed by lnfomerics to be accurate and reliable. lnfomerics does not conduct any audit, due diligence or
independent verification of the rated issuer or of the information provided to it unless specifically required
under applicable regulatory guidelines. The credit ratings are not recommendations to sanction, renew,
disburse, or recall the concerned bank facilities. While reasonable care has been taken to ensure the
accuracy of the information herein, it is provided on an'as is'basis and to the maximum extent permitted by
law without warranty of any kind. lnfomerics makes no representation or warranty, express or implied,
regarding the accuracy, adequacy, timeliness, or completeness of any information contained in this report.
All entities whose bank facilities/instruments are rated by us have paid a credit rating fee, based on the
amount and type of bank facilities/instruments. lnfomerics, or any of its group companies, may have
provided other permissible services other than credit ratings to the rated issuer in the ordinary course of
business. To the maximum extent permitted by applicable law, in no event shall lnfomerics, its affiliates, or
their respective directors, officers, shareholders, employees, or agents be liable to any party for any direct,
indirect, incidental, e
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