Key Development
Discontinuation of Rating Engagement: The Management of OM Infra Limited has decided to discontinue the engagement of credit rating services and yearly surveillance with CARE Ratings Limited (CAREedge) with immediate effect. The stated purpose is to consolidate the Company's credit rating assignments.
Formal Request for Withdrawal: The Company has submitted a formal request to CAREedge to not continue with existing credit ratings assigned to the Bank Facilities and Debt Instruments of the Company. Additionally, the Company has requested banks to issue a No Objection Certificate (NOC) or Withdrawal Letter regarding this discontinuation.