Latest announcements

DCW Credit Rating

DCW Limited announced that India Ratings retained and assigned stable ratings for its bank loan facilities. The ratings are IND A/Stable/IND A1.

JK Tyre & Industries Credit Rating

India Ratings and Research affirmed credit ratings for JK Tyre's bank facilities. Ratings include IND AA-/Stable and IND A1+.

Poly Medicure Credit Rating

CRISIL reaffirmed Poly Medicure's Short Term Rating at A1+ and revised Long Term Rating outlook to 'Positive'. Total rated facilities amount to ₹500 Crore.

Value

₹500.0 Cr

Saregama India Credit Rating

CARE Ratings reaffirmed and assigned ratings for Saregama's bank facilities totaling ₹233.5 Crore. Long-term facilities are rated CARE AA- Stable.

Value

₹233.5 Cr

HPL Electric & Power Credit Rating

India Ratings affirmed HPL Electric's bank loan facilities at 'IND A+/Stable/IND A1'. The facilities have a total size of ₹1,840 Crore.

Value

₹1,840 Cr

Puravankara Credit Rating

ICRA reaffirmed credit ratings for Rs.1,000 Crore facilities of Puravankara's subsidiary, Provident Housing. Ratings range from [ICRA] A- (Stable) to [ICRA] A2+.

Value

₹1,000 Cr

Puravankara Credit Rating

ICRA has reaffirmed the credit ratings for Puravankara Limited's bank facilities. The total rated amount is ₹3,000 Crore.

Value

₹3,000 Cr

Sharat Industries Credit Rating

Sharat Industries received credit ratings from CARE Ratings for bank facilities totaling ₹149.95 Crore. Ratings range from CARE BBB+ to CARE A2.

Value

₹149.9 Cr

Kanpur Plastipack Credit Rating

CRISIL has reaffirmed credit ratings of BBB+/Stable for long-term and A2 for short-term bank facilities. The bank loan facilities rated were enhanced to ₹305 Crore.

Brigade Enterprises Credit Rating

CRISIL reaffirmed ratings for Brigade Enterprises' bank facilities totaling ₹850 Crore. Ratings include AA-/Positive for long-term loans and A1+ for short-term loans.

Value

₹850.0 Cr

AWL Agri Business Credit Rating

AWL Agri Business Ltd received ESG and Core ratings from Crisil. Ratings reflect the company's environmental, social, and governance performance.

PNC Infratech Credit Rating

Care Ratings assigned 'CARE A; Stable' ratings to three PNC subsidiaries. Total rated bank facilities amount to ₹1,847 Crore.

Value

₹1,842 Cr

Jindal Saw Credit Rating

CARE Ratings reaffirmed credit ratings for Jindal Saw's facilities totaling ₹11,623.79 Crore. Ratings include CARE AA; Stable for NCDs and long-term bank facilities.

Value

₹11,714 Cr

Great Eastern Shipping Company Credit Rating

The Great Eastern Shipping announced credit rating updates from CARE Ratings. Ratings for NCDs and bank facilities were reaffirmed or withdrawn.

India Cements Credit Rating

CARE Ratings has reaffirmed the credit ratings for The India Cements Limited's bank facilities and commercial paper. Ratings include CARE AAA Stable and CARE A1+.

TVS Motor Company Credit Rating

CARE Ratings reaffirmed and upgraded credit ratings for TVS Motor's debt facilities. This includes Commercial Paper and bank facilities totaling approximately ₹5,758 Crore.

Value

₹5,750 Cr

Indian Overseas Bank Credit Rating

CRISIL upgraded Indian Overseas Bank's Tier II bonds to AA+ Stable. Fixed deposits were also upgraded to AAA/Stable.

Adani Ports & Special Economic Zone Credit Rating

Adani Ports announced a credit rating upgrade by S&P Global Ratings. The rating moved from "BBB-" to "BBB" with a stable outlook.

ABS Marine Services Credit Rating

CRISIL upgraded ABS Marine Services' long-term rating to Crisil A-/Stable and short-term rating to Crisil A2+. The upgrade reflects improved financial performance.

RBM Infracon Credit Rating

RBM Infracon's bank facility ratings were upgraded to IVR BBB+/Stable and IVR A2. Rated facilities total ₹106.90 Crore.

Value

₹106.9 Cr

Century Enka Credit Rating

CRISIL reaffirmed credit ratings for Century Enka's Rs.557 Crore bank loan facilities. Long-term rating is Crisil A+/Stable and short-term is Crisil A1+.

Value

₹557.0 Cr

Sona BLW Precision Forgings Credit Rating

India Ratings and Research affirmed Sona BLW's bank loan facilities rating as 'IND AA+/Stable/IND A1+'. The rated facilities size is ₹725 Crore.

Value

₹725.0 Cr

UPL Credit Rating

CARE Ratings upgraded UPL's long-term credit rating to CARE AA+ Stable. The total rated bank facilities amount to ₹2,500 Crore.

Value

₹2,500 Cr

Pasupati Acrylon Credit Rating

CARE Ratings upgraded Pasupati Acrylon's bank facilities. Total rated facilities amounting to ₹423.62 Crore were upgraded to CARE A- and CARE A2+.

Value

₹423.6 Cr

RBL Bank Credit Rating

ICRA upgraded RBL Bank's long-term rating to [ICRA]AAA. Short-term ratings for certificates of deposit were reaffirmed at [ICRA]A1+.

UltraTech Cement Credit Rating

CARE Ratings Limited reaffirmed UltraTech Cement's ratings as 'CARE AAA; Stable' for long-term and short-term bank facilities. This reflects the company's strong market leadership.

Bharti Airtel Credit Rating

S&P Global Ratings upgraded Bharti Airtel's issuer credit rating to BBB+ from BBB. The rating reflects high growth in India and Africa.

Senco Gold Credit Rating

ICRA reaffirmed ratings for Senco Gold's bank facilities and fixed deposits. A new rating of [ICRA]A1 was assigned to its commercial paper.

Value

₹4,095 Cr

Veranda Learning Solutions Credit Rating

India Ratings assigned a rating of IND BBB- (Watch with Developing Implications) to Veranda Learning's ₹140 Crore bank facilities.

Value

₹140.0 Cr

Vedanta Aluminium Metal Credit Rating

ICRA has reaffirmed the credit rating of Vedanta Aluminium Metal Limited as ICRA AA+ with a stable outlook. This rating applies to the company's Non-Convertible Debentures.