Shree Renuka Sugars Credit Rating
India Ratings downgraded Shree Renuka Sugars Limited's NCDs and bank facilities to 'IND A-'/Negative. The downgrade reflects weaker-than-expected financial performance and elevated debt levels.
- Value
- ₹3,213 Cr
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India Ratings downgraded Shree Renuka Sugars Limited's NCDs and bank facilities to 'IND A-'/Negative. The downgrade reflects weaker-than-expected financial performance and elevated debt levels.
Crisil Ratings reaffirmed IIFL Finance Limited's ratings, including 'AA/Stable' for bank loans and NCDs. Ratings also include 'A1+' for Rs. 9,000 Crore of commercial papers.
CARE Ratings has reaffirmed the 'CARE BBB-' and 'CARE A3' ratings for Unique Organics Ltd, maintaining a stable outlook on long-term bank facilities.
CRISIL Ratings has reaffirmed the existing credit ratings for Siyaram Silk Mills Ltd's bank loan facilities. The total bank loan facilities rated are Rs. 350.69 crore.
Siyaram Silk Mills Ltd received a 'CRISIL AA-/Stable' rating from CRISIL for its proposed ₹318 Crore cumulative non-convertible redeemable preference shares.
CRISIL Ratings reaffirmed the 'CRISIL AA-/Stable' credit rating on DOMS Industries Limited's total bank loan facilities of ₹252.1 Crore.
ICRA assigned a rating of [ICRA]AA- (Stable) to Keystone Realtors' proposed ₹385 Crore NCDs and reaffirmed ratings for existing debt and bank facilities.
Avenue Supermarts Limited received a [ICRA] AAA (Stable) credit rating from ICRA Limited for its proposed Non-Convertible Debentures. The rated amount is Rs. 1,000 Crore.
Fineotex Chemical Limited announced an upgrade in its long-term credit rating to [ICRA]AA- (Stable) by ICRA, while reaffirming its short-term rating at [ICRA]A1+.
Care Edge has reaffirmed the credit ratings for Unique Organics Ltd. The long-term bank facilities (₹3 Cr) and short-term facilities (₹9 Cr) maintained stable outlooks.
ICRA upgraded iValue Infosolutions Limited's long-term rating to [ICRA]A+ (Stable) and short-term rating to [ICRA]A1+. The upgrade reflects scaled operations and a healthy financial risk profile.
Autoline Industries clarified a delay in disclosing a credit rating from Informatics Valuation and Rating. The company received the rating on August 17 and disclosed it on August 18.
CRISIL Ratings has assigned a 'BBB+/Stable' rating for long-term facilities and 'A2' for short-term facilities. The update reflects the company's current credit profile.
Punjab & Sind Bank received a reaffirmation of the 'CARE AA; Stable' credit rating from CARE Ratings for its Tier II Bonds. This filing provides the updated status.
Star Housing Finance reported that India Ratings migrated its NCDs and bank loan facilities to the 'IND D (Issuer Not Cooperating)' category.
Crisil Limited has reaffirmed the credit ratings for Hyundai Motor India Ltd's long-term and short-term debt instruments, maintaining the existing stable outlook.
Fitch Ratings has assigned an 'BBB-(EXP)' long-term issue rating to the proposed U.S. dollar-denominated senior unsecured notes of Union Bank of India's Dubai branch.
H.G. Infra Engineering Ltd received a credit rating update from ICRA, reaffirming ratings across various facilities with the outlook revised to stable.
India Ratings affirmed IND AAA/Stable/IND A1+ ratings for Bajaj Auto's bank loan facilities worth ₹1,200 Crore. This intimation fulfills regulatory disclosure requirements.
Hirect Limited received a credit rating reaffirmation from CRISIL for its total bank loan facilities of Rs. 228.9 Crore. The company retains its BBB+/Stable and A2 ratings.
Wonderla Holidays Ltd received a credit rating update from CARE Ratings, reaffirming ratings and revising the outlook for certain long-term facilities.
S&P Global Ratings has assigned a 'BBB-' long-term rating to IDFC FIRST Bank's US$600 million Senior Notes.
India Ratings assigned a credit rating of IND BBB+/Stable/IND A2+ to bank loan facilities of Bhagiradha Chemicals' subsidiary, Bheema Fine Chemicals.
CARE Ratings reaffirmed Greenpanel Industries Ltd's bank facility ratings at CARE A+/A1+. The outlook was revised from Negative to Stable, reflecting improved operating margins and liquidity.
CRISIL Ratings has reaffirmed IDBI Bank's ratings, including 'AA+/Stable' for Fixed Deposits and 'A1+' for Certificates of Deposit. Ratings for certain Tier-II and Omni bonds were withdrawn.
Fitch Ratings has affirmed JSW Infrastructure Ltd's 'BBB-' rating with a stable outlook. The rating covers the company's foreign-currency IDR and $400 million senior secured notes.
Crisil Ratings upgraded NMDC Steel Limited's long-term credit rating to 'Crisil A/Stable' from 'Crisil BBB+/Stable'. The upgrade applies to Rs. 4,500 Crore in bank loan facilities.
CARE Ratings reaffirmed Riba Textiles Limited's 'CARE BBB; Stable' and 'CARE A3+' ratings for bank facilities totaling ₹94 Crore. The rating reflects the company's established export market presence.
Niva Bupa Health Insurance received credit rating actions from ICRA, reaffirming its Issuer Rating and assigning a rating to its proposed ₹500 crore subordinated debt issue.
Infomerics Ratings revised the long-term bank facilities rating for Som Distilleries to BB+ (from BBB) and short-term rating to A4+ (from A3+).