Religare Enterprises Credit Rating
India Ratings affirmed the existing credit rating and assigned a new subordinated debt rating of IND AA-/Stable to Care Health Insurance, a material subsidiary of Religare.
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India Ratings affirmed the existing credit rating and assigned a new subordinated debt rating of IND AA-/Stable to Care Health Insurance, a material subsidiary of Religare.
JSW Energy announced that CARE Ratings has reaffirmed and upgraded the ratings for its step-down subsidiaries, including upgrades for O2 Renewable Energy XII and XV.
CRISIL Ratings has re-affirmed the credit rating for Rajshree Polypack Limited's bank facilities at CRISIL BBB+/Stable. This maintains the company's existing credit assessment.
ICRA Limited has re-affirmed credit ratings for various debt facilities of DCM Shriram Limited. The ratings encompass long-term and short-term fund and non-fund based limits.
Bajaj Auto Limited has received a reaffirmation of its credit ratings from CRISIL Ratings Limited for various bank facilities totaling ₹891.75 Crore.
Emcure Pharmaceuticals received a credit rating reaffirmation from CARE Ratings for its existing bank facilities. The company maintains its stable outlook and financial profile.
Infomerics Valuation and Rating Ltd. reaffirmed Milkfood Limited's long-term rating at IVR BB+/Stable. The rating covers bank facilities totaling ₹95.01 Crore from SBI and Canara Bank.
India Ratings and Research upgraded The Phoenix Mills Limited's long-term bank facilities rating to 'IND AA+' from 'IND AA'. The 'IND A1+' rating for commercial papers was affirmed.
ICRA assigned a 'BBB (Stable)' long-term and 'A3+' short-term rating to Chembond Material Technologies' Rs. 65 Crore bank facilities. This first-time rating assignment covers cash credit and unallocated limits.
Acuité Ratings has downgraded Global Surfaces Limited's credit ratings for Rs. 143.10 Crore in bank facilities. The downgrade reflects moderating operating performance and a stretched liquidity position.
CRISIL Ratings has reaffirmed its 'CRISIL BBB/Watch Negative' rating for Jaiprakash Power Ventures Limited's Rs. 5,600 Crore long-term bank facilities. The rating remains under watch.
CRISIL Ratings has assigned a 'Crisil A+/Stable' long-term and 'Crisil A1' short-term rating to Gandhar Oil Refinery (India) Limited's bank facilities totaling Rs.300 Crore.
India Ratings and Research upgraded Adani Power Limited's credit rating to IND AA+ with a stable outlook. This action covers bank loan facilities and NCDs totaling ₹90,500 Crore.
Fitch Ratings assigned a 'BB-(EXP)' rating to Capri Global Capital's proposed $1 billion Global Medium Term Note Programme. This rating covers upcoming US dollar-denominated senior secured bonds.
JM Financial received updated credit ratings from CRISIL for its long-term bank facilities, non-convertible debentures, and commercial paper.
CRISIL Ratings has continued the ratings on Anupam Rasayan India Ltd's bank facilities and non-convertible debentures, maintaining the 'Rating Watch with Developing Implications'.
Indo Borax & Chemicals Ltd received a credit rating update from India Ratings, placing its bank loan facilities on 'Rating Watch with Negative Implications'.
CRISIL Ratings assigned new ratings to Jocil Limited for bank facilities worth ₹50 Crore. The ratings cover both long-term and short-term debt facilities.
Astra Microwave Products Limited received an upgraded credit rating of 'CRISIL A+/Stable' for its long-term bank facilities and corporate credit rating from CRISIL Ratings Limited.
ICRA Limited has reaffirmed the credit rating of Zensar Technologies for its long-term and short-term fund/non-fund based bank facilities, totaling ₹191 Crore.
CARE Ratings has upgraded the credit ratings for Shiva Texyarn Ltd's bank facilities totaling ₹202.58 Crore. This reflects improved creditworthiness for the company.
ICRA reaffirmed IDBI Bank's long-term debt rating as 'ICRA AA/Stable' and short-term certificate of deposit programme rating as 'ICRA A1+'.
Ajanta Soya Ltd received a credit rating update from CRISIL. The long-term rating is Crisil BBB-/Stable, and the short-term rating is Crisil A3.
CARE Ratings Limited has reaffirmed credit ratings for Sayaji Industries Ltd's fixed deposit and bank facilities, revising the outlook to Positive.
Aadhar Housing Finance Ltd received an upgrade in its credit rating to IND AA+ (Stable outlook) from India Ratings and Research for its debt instruments.
Cera Sanitaryware Limited received reaffirmed credit ratings from CARE Ratings Limited for its bank facilities. The total facility amount under the rating action is ₹100 Crore.
Bank of India announced that Acuite Ratings & Research has reaffirmed the credit ratings for its Basel-III compliant Additional Tier I and Tier II bonds.
India Ratings downgraded Kitex Garments' long-term bank loan facilities to 'IND BBB+' from 'IND A'. The downgrade reflects subdued profitability and higher debt levels in FY26.
CRISIL Ratings upgraded Jain Resource Recycling Limited's long-term bank facilities rating from 'CRISIL A+' to 'CRISIL AA-' with a stable outlook.
ICRA Limited has reaffirmed the credit ratings for Mahindra Logistics Limited's fund-based/non-fund-based facilities and commercial paper, totaling Rs. 450 Crore.