Latest announcements

RBL Bank Credit Rating

RBL Bank received an [ICRA]AAA (Stable) issuer rating. The rating reflects benefits from its new promoter, ENBD, and improved capital position.

Axis Bank Credit Rating

S&P Global Ratings assigned a 'BB-' rating to Axis Bank's Additional Tier 1 Notes. This rating action is for informational purposes and not an investment recommendation.

MTAR Technologies Credit Rating

MTAR Technologies' credit ratings were upgraded and reaffirmed by ICRA. This reflects improved creditworthiness for its debt instruments.

Pricol Credit Rating

Pricol Limited's credit rating for its INR 145 Crore facility is now CRISIL AA-/Watch Developing. This update replaces the earlier 'Stable' outlook, signaling potential future changes.

Anand Rathi Share & Stock Brokers Credit Rating

Anand Rathi's credit rating for Commercial Paper was reaffirmed at CARE A1+. CARE Ratings withdrew ratings for other instruments at the company's request.

Titan Company Credit Rating

Titan Company received updated credit ratings from ICRA for its debt instruments. The ratings confirm a stable outlook across multiple facilities.

Shilpa Medicare Credit Rating

Shilpa Medicare's bank loan facilities were upgraded to IND AA- by India Ratings. The rating reflects improved creditworthiness, with a Stable Outlook.

Kuantum Papers Credit Rating

Kuantum Papers Ltd announced a credit rating downgrade by India Ratings for its bank facilities. The long-term rating was downgraded to 'IND A-' with a Stable Outlook.

Happy Forgings Credit Rating

Happy Forgings' credit ratings were reaffirmed by ICRA for Rs.485 Crore in facilities. The stable outlook maintains its current creditworthiness for investors.

Value

₹485.0 Cr

Tata Investment Corporation Credit Rating

Tata Investment Corp disclosed an ESG rating of 62 (Strong) from ESG Risk Assessments & Insights Limited. The rating is disclosed in a Regulation‑30 filing.

Pasupati Spinning & Weaving Mills Credit Rating

India Ratings & Research upgraded the company's credit rating to IND BB with a stable outlook. The update is filed under Regulation 30.

IRIS RegTech Solutions Credit Rating

IRIS RegTech clarified that India Ratings withdrew the rating on its ₹170 million bank loan after repayment. The firm stresses no distress and cites its ICRA rating.

Value

₹17.00 Cr

Garware Hi-Tech Films Credit Rating

CARE Ratings upgraded Garware Hi-Tech Films' long‑term bank facility to AA (Stable) and reaffirmed its short‑term rating at A1+. The filing complies with SEBI disclosure rules.

Jaiprakash Power Ventures Credit Rating

India Ratings & Research withdrew the rating on Jaiprakash Power Ventures' bank loan facilities of Rs 5,000 million (₹500 Crore). The company is not seeking short‑term loans.

Value

₹500.0 Cr

Mas Financial Services Credit Rating

MAS Financial Services Ltd got an Acuité credit rating covering ₹7,400 Cr of loans and debentures. The rating is AA with a stable outlook.

Value

₹7,400 Cr

Larsen & Toubro Credit Rating

L&T received a ‘Baa1’ long‑term issuer rating with a stable outlook from Moody’s. Subsidiary Hydrocarbon Saudi Company also received the same rating.

Dodla Dairy Credit Rating

Dodla Dairy Ltd's ESG impact rating was revised by ICRA ESG from 70 to 71 (Good). The company disclosed the change per Regulation 30 of SEBI.

Ipca Laboratories Credit Rating

India Ratings & Research affirmed ratings on Ipca Laboratories' INR 22,481.10 million loan and INR 500 million CP, total Rs 2,298.11 crore. Ratings stay AA+ (loan) and A1+ (CP).

Value

₹2,298 Cr

PCBL Chemical Credit Rating

PCBL Chemical Ltd received reaffirmed CARE Ratings for its bank facilities, covering Rs 4,665 crore of loans. Ratings remain AA (Negative) and A1+.

Value

₹4,665 Cr

Bharat Wire Ropes Credit Rating

CARE Ratings reaffirmed BWRL's BBB+ long‑term and A3+ short‑term ratings, confirming ₹98 cr and ₹25 cr bank facilities. Total rated facilities amount to ₹123 cr.

Value

₹123.0 Cr

Godrej Agrovet Credit Rating

CRISIL has reaffirmed its A1+ rating on Godrej Agrovet’s Rs.1,500 Crore commercial paper programme. The rating underscores strong creditworthiness for the instrument.

Value

₹1,500 Cr

TVS Supply Chain Solutions Credit Rating

TVS Supply Chain Solutions' credit rating outlook was revised to Positive by India Ratings. The issuer rating of 'IND AA/Positive' was affirmed, signaling improved creditworthiness.

Trident Texofab Credit Rating

Trident Texofab's credit rating was downgraded by CRISIL to 'B/Stable' from 'B+/Stable'. The downgrade reflects liquidity pressure and stretched working capital, despite promoter experience.

Mahindra Lifespace Developers Credit Rating

Mahindra Lifespace received IND A1+ ratings for its Commercial Paper. The ratings apply to INR 2,500 million issued and INR 1,000 million proposed.

Sundram Fasteners Credit Rating

Sundram Fasteners Ltd informed exchanges that CRISIL re-affirmed its Short Term Debt and Commercial Paper ratings at A1+. This reaffirms the company's creditworthiness for investors.

JSW Steel Credit Rating

Fitch Ratings upgraded JSW Steel's long-term IDR and bond rating to BB+ with a Positive outlook. The upgrade reflects improved financial structure and outlook.

Rites Credit Rating

RITES secured a CARE AAA rating for its Rs. 3,555 Crore bank facilities. The stable outlook reflects its strong GoI linkage and diversified order book.

Value

₹3,555 Cr

Rajputana Stainless Credit Rating

Rajputana Stainless's bank loan facilities of Rs.165 Crore were upgraded by Crisil to BBB+/Stable. This credit rating boost reflects improved creditworthiness for investors.

Value

₹165.0 Cr

Skipper Credit Rating

Skipper Ltd's credit rating for long-term facilities was upgraded to Crisil A+/Stable. Short-term facilities were reaffirmed at Crisil A1.

PNB Housing Finance Credit Rating

PNB Housing Finance received a CARE AAA/Stable rating for its debt instruments. The rating reflects its strong market position and promoter support from PNB.