REC Credit Rating
JCR revised REC Limited's long-term issuer credit rating from BBB+ to A-, both with Stable Outlook. The upgrade reflects improved creditworthiness of the power finance company.
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JCR revised REC Limited's long-term issuer credit rating from BBB+ to A-, both with Stable Outlook. The upgrade reflects improved creditworthiness of the power finance company.
CARE Ratings reaffirmed Shree Cement's Commercial Paper rating at CARE A1+ for ₹1,000 Crore. No upgrade, downgrade or outlook change was issued.
CARE Ratings assigned CARE BBB/Stable and CARE A3+ ratings to Shreeji Global FMCG's bank facilities. Ratings reflect comfortable financial risk profile and growing spice-processing operations.
Mohini Health & Hygiene Ltd's bank loan facilities were downgraded to IND BB-/Negative/IND A4+ by India Ratings from the previous IND BBB-/Negative/IND A3.
ICRA Limited has upgraded the credit ratings for Cantabil Retail India Limited's various bank facilities. The rating action reflects an assessment of the company's financial instruments.
CARE Ratings reaffirmed H.G. Infra Engineering's long-term bank facilities rating at CARE AA; Negative. The outlook was revised from stable to negative.
CRISIL downgraded the company's long-term credit rating to BBB-/Stable and short-term rating to A3. This applies to bank loan facilities worth ₹125 Crore.
CARE Ratings has reaffirmed the credit rating for Dhampur Bio Organics Limited's bank facilities, assigning CARE BBB+ (Positive) for long-term and CARE A2 for short-term facilities.
CARE Ratings has assigned and reaffirmed the credit rating of 'CARE AA+; Stable' for TVS Holdings Limited's preference shares and debentures.
India Ratings has reaffirmed the 'IND AA-' rating for Greaves Cotton Ltd, with a stable outlook. This credit rating maintains existing financial oversight for investors.
CRISIL Ratings has reaffirmed the 'AAA' and 'A1+' ratings for various debt instruments of HDB Financial Services Limited, maintaining a stable outlook.
CRISIL Ratings has upgraded Aarti Surfactants Ltd's credit rating to CRISIL A- with a stable outlook. This upgrade reflects an improvement in the company's credit profile.
Ganesh Infraworld Ltd. informed the Exchange regarding a credit rating review of its subsidiary, Tykoon Mines GK Limited, for total bank loan facilities of Rs.250 Crore.
Ganesh Infraworld Ltd. announced a CRISIL BBB-/Stable credit rating for its subsidiary Tykoon Mines GK Limited's Rs. 150 Crore Non-Convertible Debentures.
Ganesh Infraworld Ltd has received credit ratings from CRISIL for its total bank loan facilities of Rs. 196 Crore, with long-term and short-term ratings reaffirmed.
India Ratings affirmed Greaves Cotton's long-term issuer rating at 'IND AA-/Stable'. The agency also assigned/affirmed ratings for bank loan facilities aggregating Rs. 203 Crore.
Sarda Energy's subsidiary, Sarda Metals Alloys Ltd., received a credit rating affirmation of IND A1 for its Rs. 50 Crore bank loan facilities.
Sarda Energy & Minerals has received an IND A1+ credit rating for its commercial paper issuance from India Ratings & Research. The rated issue size is ₹100 Crore.
CRISIL Ratings has reaffirmed the long-term credit rating as 'CRISIL AA-/Stable' and short-term rating as 'CRISIL A1+' for IRM Energy Limited's bank facilities.
JSW Dulux received a credit rating of [ICRA]AA- (Stable) for bank facilities aggregating to Rs. 250 Crore from ICRA Limited.
Infomerics Valuation and Rating Limited has reaffirmed and revised the outlook on bank facilities of Innovators Facade Systems Limited, totaling Rs. 252.60 Crore.
CRISIL Ratings revised the outlook on Shankesh Jewellers' Rs. 90 Crore long-term bank facilities to 'Positive' and reaffirmed the 'Crisil BBB' rating.
Canara Bank received credit rating actions from India Ratings & Research, including an assignment for Basel III AT1 bonds and affirmations for other existing debt instruments.
ICRA has reaffirmed the [ICRA]A1+ rating on the company's commercial paper programme of Rs. 500 Crore. This maintains the company's current debt credit profile.
CRISIL has maintained its 'AA+/A1+' ratings for Entertainment Network (India) Limited on 'Watch Developing'. The ratings cover Rs.400 Crore in bank facilities and debt instruments.
CRISIL Ratings has reaffirmed Shree Cement's credit rating for its Commercial Paper. The rating remains at 'CRISIL A1+' for an amount of Rs. 1,000 Crore.
CRISIL reaffirmed Rashi Peripherals Limited's credit ratings at 'AA-/Stable' for long-term and 'A1+' for short-term facilities. The total rated bank loan facilities increased to Rs.2,782.5 Crore.
ICRA has reaffirmed the [ICRA]AAA (Stable) credit rating for various debt instruments of Shriram Finance Limited. This rating action reflects the company's consistent creditworthiness.
India Ratings and Research has revised the credit ratings for Steel Authority of India's various debt instruments and bank loan facilities. The rating actions were disclosed to exchanges.
CRISIL Ratings has reaffirmed the 'CRISIL AAA/Stable' credit rating for NLC India Limited's bank loan facilities and non-convertible debentures.