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PNB Housing Finance received a [ICRA]AAA rating for its new Rs 2,000 Crore NCD programme. Existing ratings for bank facilities and NCDs were reaffirmed by ICRA.
CRISIL Ratings has continued the ratings on the bank facilities of InterGlobe Aviation Limited on 'Rating Watch with Developing Implications'.
Bandhan Bank Limited received reaffirmation of its credit ratings from ICRA for its outstanding Non-Convertible Debentures and Certificates of Deposit.
Acuité Ratings & Research Limited assigned a credit rating of 'ACUITE BBB' (Stable) to ANB Metal Cast Limited's bank facilities totaling ₹59.00 Crore.
GP Eco Solutions India Limited received a credit rating from Infomerics Valuation and Rating Ltd., assigning IVR BBB/Stable for long-term and IVR A3+ for short-term.
Varvee Global Limited has announced the withdrawal of the credit rating previously assigned to its facilities by Brickwork Ratings, as requested by the company.
ICRA Limited has reaffirmed or assigned credit ratings for Senco Gold Limited's various debt instruments, including fixed deposits, commercial paper, and working capital facilities.
CARE Ratings has reaffirmed the 'CARE AA+; Stable / CARE A1+' ratings for D.B. Corp Ltd's bank facilities.
Havells India Limited received credit ratings from CARE for its bank facilities and commercial paper, with long-term instruments rated CARE AAA and short-term rated CARE A1+.
Repco Home Finance received provisional ratings of [ICRA]AAA(SO) and [ICRA]AA(SO) from ICRA for its Pass-Through Certificates (PTCs) worth ₹78.00 Crore.
CARE Ratings has assigned and affirmed credit ratings of CARE AA(RWD) for Aavas Financiers Limited's various debt instruments and bank facilities.
Orient Electric Limited announced that CARE Ratings Limited has reaffirmed its credit ratings for bank facilities. Long-term/short-term facilities continue to be rated at CARE AA/A1+.
CARE Ratings has reaffirmed Jyothy Labs Limited's 'CARE AA; Stable' rating for its long-term bank facilities. The rating applies to facilities totaling Rs. 250 crore.
CRISIL Ratings has reaffirmed Ester Industries Limited's credit ratings for bank facilities totaling Rs. 523.9 Crore. The long-term rating is Crisil A-/Stable and short-term is Crisil A2+.
Acuite Ratings has reaffirmed Pyramid Technoplast Limited's long-term rating at ACUITE A- (Stable). The short-term rating was also reaffirmed at ACUITE A2+ for Rs.235 Crore bank facilities.
ICRA upgraded Bharat Seats Limited's long-term credit rating to [ICRA]A+ (Stable) from [ICRA]A. Total rated bank facilities increased to ₹188.96 Crore, supporting planned capital expenditure.
India Ratings and Research has affirmed the credit rating of 'IND A1+' for Afcons Infrastructure's Rs. 500 Crore Commercial Paper programme.
ICRA has reaffirmed the [ICRA]A1+ credit rating for Karur Vysya Bank's Rs. 12,000 Crore Certificate of Deposit programme. This rating reflects the bank's strong liquidity profile.
India Ratings and Research has upgraded AGI Infra's subsidiary, Worldnext Realty LLP, bank loan rating to IND BB+/Stable. The rating for bank guarantees was affirmed at IND A4+.
Birlasoft Ltd announced that CARE Ratings reaffirmed the 'CARE AA+; Stable' and 'CARE A1+' ratings for its various bank facilities, confirming the company's strong financial standing.
ICRA assigned credit ratings to bank facilities of Gravita India's material subsidiary, Rashtriya Metal Industries Limited, for a total rated amount of ₹600 Crore.
Fitch Ratings assigned a 'BBB-' rating to Bank of Maharashtra's USD 500 million senior unsecured Medium Term Note programme due September 2031.
CRISIL Ratings has downgraded the long-term credit rating of Allcargo Global Limited to Crisil A-/Stable and reaffirmed the short-term rating at Crisil A2+.
Jubilant Agri and Consumer Products Limited received a reaffirmation of its credit ratings from CARE Ratings Limited for its existing bank facilities.
CARE Ratings has reaffirmed the 'CARE AA+' rating with a Stable outlook for Pilani Investment and Industries Corporation Limited's non-convertible debentures.
Suyog Gurbaxani Funicular Ropeways Limited announced that CRISIL Ratings has withdrawn the credit rating for its ₹35 Crore long-term bank facilities at the company's request.
ICRA has reaffirmed the Long Term Credit Rating of [ICRA]AA (Stable) and Short Term Rating of [ICRA]A1+ for Techno Electric & Engineering Company Limited.
CRISIL Ratings has reaffirmed the credit ratings for Lehar Footwears Limited's bank loan facilities of Rs.105 Crore, which was enhanced from Rs.78 Crore.
India Ratings and Research has reaffirmed the 'IND A+' credit rating for IFB Agro Industries Ltd with a stable outlook.
CARE Edge Ratings assigned a CARE A+; Stable rating to J.G. Chemicals Limited's long-term bank facilities. Total facilities rated amount to ₹19.75 Crore.