NIS Management Limited has received a credit rating upgrade from ICRA Limited, moving from BBB+/Stable to BBB+/Positive across its bank facilities. The company informed the Bombay Stock Exchange about this development on February 10, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rating Upgrade Details

ICRA Limited communicated the rating upgrade to NIS Management Limited on February 9, 2026. The upgrade reflects an improved credit outlook for the company across multiple banking instruments.

Total Facility Coverage

The rating upgrade covers bank facilities totaling Rs. 80.37 crores across different categories. The fund-based cash credit facility represents the largest component at Rs. 71 crores, followed by the term loan facility of Rs. 5.40 crores and unallocated limits of Rs. 3.97 crores.

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI regulations by promptly informing the stock exchange about the rating revision. The information has also been made available on the company's investor website at nis.co.in/Investors for stakeholder access.

Credit Rating Significance

The upgrade from Stable to Positive outlook indicates ICRA's improved assessment of the company's creditworthiness and financial stability. This change in rating outlook typically reflects better business fundamentals and enhanced ability to service debt obligations.

NIS Management Limited has officially announced that its board of directors will convene on February 12, 2026, to review and approve the company's unaudited financial results for the third quarter and nine months ended December 31, 2025. The meeting will take place at the company's registered office as part of the regular quarterly disclosure process.

Board Meeting Agenda

The board meeting has been scheduled with a focused agenda to address key financial disclosures:

The primary agenda items include the consideration and approval of both standalone and consolidated unaudited financial results for the specified period. Additionally, the board will address any other business matters with the permission of the chairperson.

Regulatory Compliance and Trading Window Closure

In strict adherence to regulatory requirements, NIS Management Limited has implemented a trading window closure as mandated by securities regulations. The company has closed its trading window in compliance with SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018.

The trading window closure ensures compliance with insider trading prevention measures and will remain in effect until 48 hours after the official declaration of financial results.

Official Communication Details

The formal intimation was communicated to the Department of Corporate Services at Bombay Stock Exchange Limited on February 3, 2026. The announcement was signed by Debajit Choudhury, Managing Director (DIN: 00932489), and submitted from the company's Kolkata office.

This board meeting represents a routine quarterly disclosure exercise, ensuring transparency and regulatory compliance in the company's financial reporting process. Stakeholders and investors will receive the detailed financial results following the board's approval and subsequent official declaration.