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Music Broadcast Limited

Vadodara, Gujarat
CARE Ratings Limited

Last Updated on February 23, 2021


Implementing Partners

  • Rotary Club of Navi Mumbai
  • Seva Sahyog Foundation
  • Sri Sathya Sai Health & Education Trust
  • Bombay Hospital
  • Akshay Patra Foundation
  • Meljol
  • Concern India Foundation
  • Save The Children India
  • Pratham
  • The Fine Arts society
  • PM CARES Fund
  • K.J. Somaiya Trust
  • Girivanvasi Educational Trust
  • NSDL e-Governance Infrastructure Limited

Thematic Areas

  • Eradication Hunger, Poverty, Malnutrition
  • Preventive Healthcare, Water and Sanitation
  • Education, Employability and Livelihoods Enhancement
  • Gender, Equality and Women Empowerment, Senior Citizens Care
  • Environmental Sustainability
  • Heritage conservation, Promoting Art, Craft and Culture, Public Libraries
  • Contribution to Central Government Fund

CARE Ratings Limited

4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai , Maharashtra

Sector : Miscellaneous

International Origin : No

Company Type: Exchange Listed (BSE,NSE)


CSR Financial Details (INR Cr.)

Actual CSR
Prescribed CSR
5.27 Cr
3.88 Cr
3.81 Cr
3.81 Cr
0.42 Cr
2.87 Cr
View all

Financial Insights

Estimated Prescribed CSR Budget FY 2020-21: INR 3.53 Cr


About the company

CARE Ratings commenced operations in April 1993 and in over 27 years, it has established itself as one of the leading credit rating agencies in India. CARE Ratings has emerged as the leading agency for covering many rating segments including manufacturing, infrastructure, financial sector including banks, non-financial services, among others. The company has a, established track record of rating companies over almost three decades and has had a pivotal role to play in developing bank debt and capital market instruments including CPs, corporate bonds and debentures, and structured credit. CARE Ratings is recognized for being a knowledge-based company and provides near real time research on all domestic and global economic developments. Special studies and surveys are also undertaken on different subjects. The Industry Research team tracks and publishes sector reports on an on-going basis.

CARE Ratings’ wholly owned subsidiaries include CARE Advisory Research & Training Ltd. (CART) and CARE Risk Solutions Pvt Ltd (CRSPL).

In the global arena CARE Ratings is a partner in ARC Ratings, an international credit rating agency. The company also has subsidiaries in Mauritius ‘CARE Ratings (Africa) Private Limited (CRAF)’ and in Nepal ‘CARE Ratings Nepal’. The company has strategic alliance with Japan Credit Ratings Agency (JCR) and MoU with Russian rating agency ACRA.

Headquarter and Plant/Office Locations

Headquarter: Mumbai-Maharashtra
Plant/Office Locations: Chennai-Tamil Nadu, Ahmedabad-Gujarat, Pune-Maharashtra, Jaipur-Rajasthan, New Delhi-Delhi, Hyderabad-Telangana, Chandigarh-Chandigarh, Coimbatore-Tamil Nadu,

CSR projects of the company

Contribution to the PM Cares Fund
Project Budget: INR 2.00 Cr
The company made a contribution to the prime minister’s Citizen Assistance and Relief in Emerg....
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Community Development Activities
Project Budget: INR 0.24 Cr
The company provided funds to The Fine Arts Society, Chembur for promoting Indian Art & culture ....
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Employment opportunities for adolescent girls & young women
Project Budget: INR 0.08 Cr
The company provided funds to Save the Children India for enhancing employment opportunities for ado....
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Skill Development Program
Project Budget: INR 0.17 Cr
The company provided funds to NGO Pratham to train 550 youths across various sectors located at Mumb....
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Promotion of Education
Project Budget: INR 1.36 Cr
The Company has contributed towards promotion of education through; Provided Funds to Seva Sahyog....
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Social and Financial Literacy Programs
Project Budget: INR 0.40 Cr
The company provided funds to NGO Meljol for providing financial education programme, child rights, ....
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Mid Day Meal Program
Project Budget: INR 0.11 Cr
The company made a monetary contribution to the Akshay Patra Foundation to be utilised for Mid day m....
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Support for COVID- 19 Treatment
Project Budget: INR 0.50 Cr
The company has provided funds to Bombay Hospital Trust for donating Ventilators, treatment of Covid....
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Child Healthcare and Welfare Program
Project Budget: INR 0.26 Cr
The company has made a monetary donation to K.J. Somaiya trust for caring & nurturing 100 destit....
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Making Available Safe Drinking Water
Project Budget: INR 0.16 Cr
The company has provided Funds to Rotary Club of Navi Mumbai (Vashi) for drinking water for school a....
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