Trident Ltd announced that CARE Ratings Ltd. has reaffirmed ratings on its various bank facilities, including Bank Facilities amounting to Rs 1536.94 with a rating of CARE AA; Stable/ CARE A1+, Bank Facilities of Rs 196.81 with a rating of CARE AA; Stable, and Bank Facilities of Rs 12.50 with a rating of CARE A1+, all of which are subject to RBI regulations; additionally, CARE Ratings has withdrawn a rating previously assigned to a Term Loan - Long Term, while CareEdge Ratings considered consolidated financials including subsidiaries for marketing and distribution, and CARE Ratings Limited provided rating services for Corporate Bonds and Debentures; the stable outlook reflects expectations of maintaining market position and generating healthy cash accruals, alongside a projected average growth rate of over 8% for Trident’s TOI, supported by a Rs 4,650 crore Capex plan, with annual debt repayment obligations of approximately Rs 140-200 crore and Rs 782 crore in unencumbered cash and liquid investments, funded through term debt with an 8-year tenor and a 2-year moratorium.
Beware of fraudulent tips, unauthenticated news and advice on stock market.
At BOB Capital, your account security is our topmost priority. Beware of receiving fraudulent communications, unauthenticated trading tips and unsolicited calls on trading in stocks from unverified sources received through WhatsApp, Telegram, SMS, Calls, etc., and take an informed decision before investing.
Report unsolicited messages to the Stock Exchange on +91 8291833676 or email: feedbk_invg@nse.co.in
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: