Crest Ventures Ltd announced updates to its credit ratings pursuant to SEBI regulations, with CARE Ratings reaffirming its issuer rating at CARE BBB; Stable and reaffirming the rating for its debentures – Non-Convertible Debentures (ISIN: INE559D08032) at CARE BBB; Stable, while withdrawing the rating for Non-Convertible Debentures (ISIN: INE559D08024) following full redemption on December 20, 2025; CARE Ratings Limited (CareEdge Ratings) has also proposed a rating for the demarerger of Crest Capital and Investment Limited involving Rs 100 crore, expecting a limited impact on the standalone credit profile, and CARE Ratings Limited reaffirmed several ratings including for loans from banks (~Rs 38 crore), loans from financial institutions (~Rs 63 crore), investments (Rs 707 crore and Rs 606 crore), loans (~Rs 297 crore and Rs 330 crore), inventory (Rs 258 crore and Rs 255 crore), borrowings (Rs 202 crore), and Non-Convertible Debentures (Rs 100.00), alongside providing outlooks on liquidity, debt repayment obligations, capital adequacy ratio, return on managed assets, and gross non-performing assets.