Laxmi India Finance Limited (formerly Laxmi India Finance Private Limited) has announced that Acuité Ratings & Research Limited has reaffirmed its credit rating for Non-Convertible Debentures (NCDs). The rating assigned is 'ACUITE A-' with a 'Positive' outlook. This reaffirmation applies to existing NCDs with an issue size of ₹25.00 crore and proposed NCDs totaling ₹55.00 crore (₹10.00 crore + ₹40.00 crore + ₹5.00 crore). The credit rating verification was completed on February 04, 2026, and the rating letter is valid until May 04, 2026, for the first set of NCDs and May 02, 2026, for the proposed NCDs. The company is required to furnish a 'No Default Statement' on the first working day of every month.
