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Care Ratings downgrades Goswami Infratech to B+
Care Ratings downgraded Goswami Infratech’s NCDs citing delayed fundraising, extended redemption timeline, weak cash flows and refinancing risks. The firm’s holding structure and reliance on dividends add pressure, though past refinancing success and strategic stakes provide limited financial flexibility support
CARE Ratings in collaboration with NSE launches PaRRVA platform
CARE Ratings in collaboration with the National Stock Exchange of India (NSE), today announced the commercial launch of Past Risk and Return Verification Agency (PaRRVA), a first-of-its-kind global initiative conceptualised by SEBI. In December 2025, SEBI Chairman Tuhin Kanta Pandey launched the pilot project.
Sebi-backed PaRRVA mechanism for performance validation becomes operational. Check details
CARE Ratings Limited and National Stock Exchange of India have launched PaRRVA, a framework to verify performance claims in the securities market. Conceptualised by Securities and Exchange Board of India, the platform aims to independently validate risk-return data and standardise disclosures for investors as market participation grows.

SEBI-backed PaRRVA framework for investment performance goes live
CARE Ratings and NSE launch PaRRVA to independently verify risk return metrics for Investment Advisors, Research Analysts and Trading Members, boosting transparency for investors
DCM Shriram Industries receives revision in credit ratings from CARE
DCM Shriram Industries has received review in credit ratings from CARE Ratings as under:
Care Ratings reaffirms ratings of Godavari Biorefineries at 'BBB+/A2' with 'stable' outlook
Godavari Biorefineries said that Care Ratings has reaffirmed the company's long-term rating at 'CARE BBB+' with 'stable' outlook.