Modison Limited Receives Credit Rating Reaffirmation and New Facility Ratings from CARE

1 min read     Updated on 24 Dec 2025, 03:51 PM
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Reviewed by
Radhika SScanX News Team
Overview

CARE Ratings has reaffirmed Modison Limited's existing credit ratings and assigned new ratings to additional banking facilities. The company's long-term facilities with HDFC Bank Limited, rated CARE A- (Stable), were enhanced from ₹90.00 crores to ₹115.00 crores. Short-term facilities of ₹17.50 crores with HDFC Bank maintained a CARE A1 rating. New long-term/short-term facilities of ₹25.00 crores with CitiBank were assigned CARE A- (Stable)/CARE A1 ratings. The total rated facilities now amount to ₹157.50 crores, providing Modison with increased financial flexibility.

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*this image is generated using AI for illustrative purposes only.

Modison Limited announced that CARE Ratings Limited has reaffirmed its existing credit ratings while also assigning ratings to new banking facilities. The rating actions were communicated through CARE's letter dated December 23, 2025, following a review of the company's operational and financial performance.

Credit Rating Details

CARE Ratings has taken comprehensive rating actions across Modison Limited's banking facilities with multiple lenders:

Facility Type Bank/Lender Rated Amount Rating Action
Long Term Facilities HDFC Bank Limited ₹115.00 crores CARE A- (Stable) Reaffirmed
Short Term Facilities HDFC Bank Limited ₹17.50 crores CARE A1 Reaffirmed
Long Term/Short Term Bank Facilities CitiBank ₹25.00 crores CARE A- (Stable)/CARE A1 Assigned

The reaffirmation of existing ratings demonstrates the rating agency's confidence in the company's creditworthiness and financial stability. The assignment of ratings to new CitiBank facilities indicates the company's expansion of its banking relationships and access to additional credit facilities.

Facility Structure and Enhancement

The rating review was based on recent developments including the company's operational and financial performance for FY25 (Audited) and H1 FY26 (Unaudited). Notably, the long-term facilities with HDFC Bank Limited were enhanced from ₹90.00 crores to ₹115.00 crores, representing a significant increase in the company's credit capacity.

The detailed facility breakdown includes:

HDFC Bank Limited Facilities:

  • Main Limit: Cash Credit with sub-limits including WCDL of ₹115.00 crores and PSC of ₹25.00 crores
  • Short-term non-fund based limits of ₹17.50 crores

CitiBank Facilities:

  • Comprehensive facility structure including cash credit, bill discounting of ₹25.00 crores, PSC of ₹25.00 crores, WCDL of ₹23.00 crores, LC of ₹10.00 crores, buyers credit of ₹10.00 crores, and BG of ₹3.00 crores

Total Credit Portfolio

With these rating actions, Modison Limited's total rated facilities across all banking partners now stand at ₹157.50 crores. This diversified credit portfolio across HDFC Bank Limited and CitiBank provides the company with enhanced financial flexibility and access to various banking products and services.

The company has disclosed that the CARE rating letter and related documentation will be made available on its website at www.modisonltd.com , ensuring transparency and accessibility for stakeholders and investors.

Historical Stock Returns for Modison

1 Day5 Days1 Month6 Months1 Year5 Years
+1.19%+4.75%+7.79%-3.71%-7.04%+162.17%
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Modison Limited Declares 250% Interim Dividend for FY 2025-26

1 min read     Updated on 02 Dec 2025, 12:54 PM
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Reviewed by
Naman SScanX News Team
Overview

Modison Limited, a manufacturer of electrical contacts for switchgear industries, has declared an interim dividend of Rs. 2.50 per equity share (250%) for the financial year 2025-26. The Board of Directors approved this decision on December 2, 2025. The record date for determining shareholder eligibility is set for December 8, 2025. This announcement complies with SEBI regulations, ensuring transparency for all stakeholders.

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*this image is generated using AI for illustrative purposes only.

Modison Limited , a manufacturer of electrical contacts for switchgear industries, has announced a significant interim dividend for its shareholders. The company's Board of Directors made this decision during a meeting held on December 2, 2025.

Dividend Details

Aspect Details
Dividend Amount Rs. 2.50 per equity share
Dividend Percentage 250%
Face Value of Share Rs. 1.00
Financial Year 2025-26
Record Date December 8, 2025

Key Points

  • The Board of Directors convened on Tuesday, December 2, 2025, to discuss and approve the interim dividend.
  • Shareholders who own Modison Limited shares as of the record date (December 8, 2025) will be eligible to receive the dividend.
  • The company has fixed Monday, December 8, 2025, as the Record Date for determining shareholder eligibility.

About the Decision

This interim dividend declaration by Modison Limited represents a significant return to its shareholders. The 250% dividend (Rs. 2.50 per share on a face value of Rs. 1.00) indicates a strong financial position and the company's commitment to sharing profits with its investors.

Regulatory Compliance

The company has made this announcement in compliance with Regulation 30, 42, and 43 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This ensures transparency and timely disclosure of material information to all stakeholders.

Investors and shareholders should note that this interim dividend is subject to applicable taxes. They are advised to consult with their tax advisors regarding the tax implications of this dividend income.

Modison Limited's shares are listed on both the BSE and the National Stock Exchange of India. Shareholders and potential investors can find more information about this dividend announcement and other company updates on Modison Limited's official website: www.modisonltd.com .

Historical Stock Returns for Modison

1 Day5 Days1 Month6 Months1 Year5 Years
+1.19%+4.75%+7.79%-3.71%-7.04%+162.17%
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