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CRISIL reaffirmed Himatsingka Seide's 'BBB+' rating for Rs. 2738.98 Crore bank facilities. However, the outlook was revised from Stable to Negative.
ICRA upgraded Himadri Speciality Chemical's long-term rating to [ICRA]AA (Stable) for Rs. 1980.86 Crore facilities. Short-term ratings for Rs. 500 Crore commercial paper were reaffirmed.
India Ratings upgraded Vadilal Industries' bank facilities to 'IND A+/Positive' from 'IND A-'. The upgrade covers facilities totaling Rs. 400 Crore.
ICRA upgraded Aster DM Quality Care's long-term rating to [ICRA]AA (Stable) from [ICRA]A+. The rating agency also reaffirmed the short-term rating at [ICRA]A1+.
CARE Ratings revised Radico Khaitan's outlook to Positive for Rs. 930 Crore long-term facilities. Short-term ratings for Rs. 60 Crore facilities were reaffirmed at CARE A1+.
CARE Ratings upgraded GMR Airports' rating to CARE A+ (Positive) for Rs. 1500 Crore bonds. Long-term and short-term bank facilities also saw rating upgrades.
ICRA reaffirmed Manoj Vaibhav Gems 'N' Jewellers' long-term rating at [ICRA]A- (Stable). The rating covers bank facilities totaling Rs. 511.00 Crore.
CRISIL reaffirmed Freshara Agro Exports' BBB/Stable and A3+ ratings. The agency also enhanced the rated bank loan facilities to Rs. 175 Crore.
ICRA reaffirmed Remsons Industries' credit rating at [ICRA]BBB+(Stable) and [ICRA]A2. The ratings cover bank facilities totaling Rs. 116.82 Crore.
India Ratings upgraded Vadilal Enterprises' bank loan facilities to 'IND A+/Stable' from 'IND A-'. The total rated debt value is Rs. 71.0 Crore.
Care Ratings reaffirmed CARE AA/Stable and CARE A1+ ratings for RCCPL Private Limited's Rs. 1,750.44 Crore bank facilities. The rating reflects strong parentage and operational synergies.
Infomerics Ratings downgraded India Power Corporation's credit rating to 'IVR D' for Rs.50.74 Crore bank facilities. The downgrade follows the commencement of CIRP proceedings.
Mahindra Finance reported that CARE Ratings published a press release regarding the company's credit ratings. Detailed rationales and ISINs are available via the provided link.
CRISIL reaffirmed BDH Industries' credit ratings for Rs. 40 Crore bank facilities. Long-term rating is BBB-/Stable and short-term rating is A3.
CARE Ratings affirmed Winsome Textile's BBB+ rating for long‑term facilities and A3+ for short‑term facilities. Rated bank facility total stands at ₹443.99 Crore.
CARE Ratings revised KPT Industries' credit ratings for ₹109.96 crore of bank facilities. The rating remains stable despite modest profitability and gearing improvements.
India Ratings has withdrawn Waaree Renewable Technologies Ltd's credit rating on its bank loan facilities of ₹25.8 Crore. The withdrawal reflects repayment of the loan.
CARE Ratings upgraded Investment & Precision Castings Ltd’s bank facility ratings, improving its credit profile. The company’s facilities total ₹94.76 crore across three facilities.
CRISIL downgraded Highway Infrastructure's bank facilities to 'BB/Stable/A4+' under the Issuer Not Cooperating category. The rating action covers credit facilities totaling Rs.156 Crore.
Jana Small Finance Bank reports no change in its CARE Ratings credit rating. The disclosure confirms unchanged rating as of 17‑Feb‑2026.
ICRA reaffirmed Can Fin Homes' credit rating covering Rs 49,138 Crore across bank facilities, NCDs, debt, CP and FD. Ratings remain stable.
CARE Ratings upgraded Precision Wires India's long and short term bank facilities to Rs 2,097.08 Crore. Ratings now stand at CARE A+ (Long Term) and A1 (Short Term).
CARE Ratings upgraded International Conveyors' long-term bank facilities to 'CARE BBB; Stable'. The upgrade reflects improved financial performance and operating margins during FY26.
Infomerics reaffirmed Kundan Edifice Limited's rating at IVR BBB-/Stable. The total rated bank facilities were enhanced to Rs. 23.00 Crore.
CRISIL migrated Control Print's ratings to BB INC/Stable and A4+ INC. This follow's the company's non-submission of statements during a rating withdrawal process.
CRISIL upgraded Rane (Madras) Limited's long-term bank facilities rating to AA-/Stable from A+/Stable. Short-term ratings were also upgraded to A1+ for Rs.1,085 Crore facilities.
S&P Global Ratings assigned Yes Bank a 'BB+' long-term and 'B' short-term issuer credit rating. The outlook is stable, reflecting potential support from SMBC group.
S&P Global Ratings assigned Federal Bank an investment-grade 'BBB-' long-term international issuer credit rating. This milestone enables access to global capital markets and institutional investors.
Aeroflex Neu received ratings from CARE for Rs.27.15 Crore bank facilities. Long-term instruments were assigned CARE BB+; Stable, while short-term facilities received CARE A4+.
CRISIL assigned CRISIL A+/Watch Developing and CRISIL A1/Watch Developing ratings to MBAPL's Rs. 2006.6 Crore bank facilities. The rating watch reflects developing implications.