On Bigbloc I have a concern:- they have debt on their books (1.37 debt to equity as of March 2024).
When I read the Crisil ratings report, it says “non-cooperation by the issuer”.the report is from August 2023. The earlier one also says the same.
Why would they not be cooperating with Crisil? I mean a good report from a ratings agency should be a good sign especially to give lenders some comfort.
Anyone have any idea or comments?
I am not invested in Bigbloc.
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