Zeal Aqua Credit Rating
Zeal Aqua intimates an Infomerics rating action on ₹226 Crore of bank facilities, downgraded to IVR BB+/Negative and A4+ under Issuer Not Cooperating. The downgrade followed non-submission of No Default Statements.
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Zeal Aqua intimates an Infomerics rating action on ₹226 Crore of bank facilities, downgraded to IVR BB+/Negative and A4+ under Issuer Not Cooperating. The downgrade followed non-submission of No Default Statements.
JSW Energy disclosed that India Ratings assigned IND AA-/Stable to bank loan facilities of three step-down subsidiaries on 6 November 2026. The action is a credit rating assignment for subsidiary debt facilities.
CRISIL reaffirmed TVS Holdings' AA+/Stable rating on its ₹1,000 crore NCDs. The rating covers existing debt, with no fresh borrowing or new money involved.
IIFL Finance disclosed that Crisil reaffirmed its AA/Stable rating on bank loans and NCDs, AA/Stable on PPMLDs, and A1+ on commercial papers. The rating action is dated 6 Nov 2026.
Ganesh Benzoplast's credit rating agency Infomerics re-affirmed its long-term bank facility rating at IVR BBB+/Stable and short-term non-fund based rating at IVR A2. The filing is a routine rating intimation with no rating change.
Fedbank Financial Services received ICRA [ICRA]AA+ (Stable) for a new Rs 500 Crore NCD programme and reaffirmed its subordinated debt and CP ratings. The rating action reflects strong parentage from Federal Bank.
Utkal Speciality Industries was assigned an SMERA SME 1 enterprise credit rating, valid November 2026 to November 2027. The rating signals the highest creditworthiness relative to other SMEs.
Keystone Realtors received a Crisil AA-/Stable rating on its total bank loan facilities of Rs.1,165 Crore. The rating was assigned on November 5, 2026, with a stable outlook.
Scan Steels Ltd disclosed CRISIL's assignment/reaffirmation of ratings on its bank loan facilities: long-term CRISIL BBB+/Stable and short-term CRISIL A2 on Rs.238 Crore. The rating letter is enclosed with the filing.
Raj Television Network's bank loan facilities were upgraded by India Ratings from IND D to IND B/Stable (long-term) and IND A4 (short-term). The Rs.222 million facilities are with Aditya Birla Capital.
AAVAS Financiers received a rating watch with developing implications from India Ratings on its Rs. 100 crore short-term debt, with IND A1+ retained. The rating action is a credit rating event for investors to track.
CRISIL reaffirmed Sumeet Industries' long-term rating at BB+/Stable and short-term rating at A4+ on its bank facilities. The rated bank facilities total about Rs 292 Crore.
Brickwork Ratings has reaffirmed IFCI Limited's credit ratings for its NCDs and Commercial Papers. The outlook remains Negative for long-term instruments including NCDs and Bonds.
CRISIL Ratings has issued a Credit Bulletin for Jain Irrigation Systems Limited, updating bank-wise allocations for rated facilities. The overall credit ratings and total rated amount remain unchanged.
CARE Ratings downgraded Dhunseri Tea & Industries Limited's long-term bank facilities to CARE A- (Stable) and short-term facilities to CARE A2. The revision follows operating losses in FY25-26.
Reliance Industries disclosed that S&P Global Ratings reaffirmed its 'A-' rating with a Stable outlook on its US$ senior unsecured fixed rate notes. The rating action was published on November 3, 2026.
CARE Ratings reaffirmed Mahindra & Mahindra's bank facility ratings at CARE AAA; Stable / CARE A1+. The action covers existing facilities and raises no new debt.
Religare Enterprises disclosed that CRISIL upgraded credit ratings for its subsidiary Religare Broking's Rs. 500 Crore bank facilities. Long-term rating moved to BBB+/Stable and short-term to A2+.
UCO Bank disclosed S&P Global Ratings assigning it a BBB long-term and A-2 short-term issuer rating, with a stable outlook. The rating rationale dated November 4, 2026 is enclosed.
Chaman Lal Setia Exports Ltd disclosed that CRISIL reaffirmed its CRISIL A+/Stable long-term rating on Rs. 350 Crore of bank loan facilities. The reaffirmation confirms unchanged credit quality, with no rating upgrade or downgrade.
Purple United Sales' credit rating from Crisil was reaffirmed at BBB-/Stable on Rs.175 Crore of bank facilities. The rated facilities were enhanced from Rs.100 Crore.
Pioneer Investcorp received an IVR A2+ rating from Informics Valuation and Rating on November 3, 2026. The rating covers its INR 25 Crore commercial paper.
CRISIL has upgraded Sahajanand Medical Technologies' long-term bank facility rating to CRISIL A-/Stable from BBB+/Stable. The upgrade reflects improved business risk, growing scale, and sustained profitability across its global stent manufacturing operations.
Consolidated Construction Consortium Ltd has withdrawn its credit rating facility provided by ICRA Limited. The company continues to maintain its rating facility with Infomerics Valuation and Rating Ltd.
India Ratings & Research affirmed and assigned IND AA-/Stable/IND A1+ to IG Petrochemicals' bank loan facilities. The rating signals sustained credit strength for the company's debt instruments.
CRISIL reaffirmed its Crisil A1+ rating on Bank of Maharashtra's Certificate of Deposits. No new money is involved, only a rating action on existing securities.
DEE Development Engineers' bank facilities were upgraded by CARE Ratings to CARE A; Stable and CARE A2+/A1. Long-term facilities were reduced to Rs.169.19 crore, while combined and short-term limits were enhanced.
ICRA assigned or reaffirmed Subros's bank facility ratings, with total rated facilities rising from Rs.305 Crore to Rs.370 Crore. The long-term term loan rating is [ICRA]AA (Stable), raised to Rs.140 Crore from Rs.40 Crore.
Capital India Finance received a new ACUITE A- long-term rating with Stable outlook for its proposed NCDs. Acuite assigned it on 2 November 2026.
Infomerics withdrew its rating on Deccan Cements' proposed NCD issue after the proposal was dropped. The earlier August 2026 action was a downgrade to IVR BB+/Negative.