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CRISIL · 2026-09-21
CRISIL places Marwadi Shares and Finance Limited on rating watch — 21 Sep 2026
On 2026-09-21, CRISIL placed on watch Marwadi Shares and Finance Limited with a Watch Developing outlook. 6 bonds on file are tied to this entity, 5 other rating actions on record between 2026-08-28 and 2026-10-26.
CRISIL's published heading: “Ratings continues on 'Watch Developing'; Rated amount enhanced for Commercial Paper”
| Entity (per CRISIL heading) | Marwadi Shares and Finance Limited · issuer page |
| Action | Watch |
| Outlook | Watch Developing |
| Action date | 2026-09-21 |
| Agency | CRISIL |
| Source | CRISIL rating rationale ↗ |
| Bond | Coupon | Maturity |
|---|---|---|
| Marwadi Shares and Finance ZC Dec 2026 NCD | — | 2026-12-18 |
| Marwadi Shares and Finance ZC Sep 2027 NCD | — | 2027-09-09 |
| Marwadi Shares and Finance ZC Feb 2028 NCD | — | 2028-02-06 |
| Marwadi Shares and Finance Oct 2029 NCD | — | 2029-10-06 |
| Marwadi Shares and Finance Oct 2029 NCD | — | 2029-10-06 |
| Marwadi Shares and Finance Oct 2029 NCD | — | 2029-10-06 |
About this page: This page restates a rating action as published by CRISIL, a SEBI-registered credit rating agency. The rating and any outlook are the agency's opinion, not RetailBonds.in's, and nothing here is investment advice or a view on what the action means for any investor. Refer to the agency's own rationale document for the full reasoning. See our methodology and full disclaimer.