Key Quantitative Figures
- Overall ESG Impact Rating revised from 73 (Good) to 74 (Good)
- Environment component rating: Revised from 72 (Good) to 73 (Good)
- Social component rating: Revised from 78 (Good) to 80 (Outstanding)
- Governance component rating: Unchanged at 70 (Good)
Parties Involved
- Rated Entity: Muthoot Capital Services Limited
- Rating Provider: ICRA ESG Ratings Limited (formerly Pragati Development Consulting Services Limited), a Category I SEBI registered ESG Rating Provider
- Company Representatives: Ramandeep Gill (Chief Financial Officer), Deepa Gopalakrishnan (Company Secretary & Compliance Officer)
- Rating Agency Representative: Sheetal Sharad (Chief Ratings Officer, ICRA ESG Ratings Limited)
Rating Validity and Surveillance
The revised rating is valid for surveillance within one year from the date of initial rating communication letter. ICRA ESG reserves the right to review and revise the rating at any time based on new information availability or other circumstances that could impact the rating.
Disclosure Requirements
The company must state the rating as "[ICRA ESG] Impact Rating 74, Good" in all publicity material and documents where the rating is used.
Additional Information
Stakeholders are directed to visit ICRA ESG website at www.icraesgratings.in for latest ratings. The rating is an opinion and not a recommendation to buy, sell, or hold investments.