Commercial Paper (CP) Compliance Disclosures
Half yearly dissemination of Information – Commercial Paper (CP)
v Credit Rating: CBFL continues to enjoy Credit rating of CRISIL A1+(Reaffirmed) and AA-(Reaffirmed) for its Commercial Paper Programme and Bank Loan rating/Long term borrowing respectively.
v Debt-Equity Ratio: Debt (Short Term Borrowing + Long Term borrowing); Equity (Paid-up Equity Capital + Free reserves + Securities premium) Ratio: CBFL’s Debt-Equity ratio as on September 30, 2021 is 4.46.
v Business Plan & Governance structure by way of detailed Disclosure from the Management.
v Independent Directors were facilitated with the overview of Canbank Factors Ltd (CBFL).
Company Secretary & Compliance officer, Canbank Factors Ltd
Name: Mr. S. Balasubramanian