Nitco disputes Infomerics' rating, citing outdated data, updated debt structure, and a strong liquidity position currently.

• The company fully repaid debt to Authum and settled obligations with Life Insurance Corporation of India.
• Current debt consists solely of Rs. 50 crore non‑convertible debentures, 5% interest, maturing in 2028 now.
• Authum holds Rs. 150 crore preference shares, 0.10% coupon, redeemable starting 2028, and ample cash available.