Muthoot Capital Services Credit Rating
CRISIL upgraded Muthoot Capital's long-term ratings to 'Crisil AA-/Stable' from 'Crisil A+/Positive'. The upgrade reflects strengthened financial support and linkages with the Muthoot Pappachan Group.
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CRISIL upgraded Muthoot Capital's long-term ratings to 'Crisil AA-/Stable' from 'Crisil A+/Positive'. The upgrade reflects strengthened financial support and linkages with the Muthoot Pappachan Group.
S&P Global Ratings assigned a 'B+' rating to IIFL Finance's $500 million Senior Secured Fixed Rate Notes. This assignment supports the company's $1 billion global note programme.
Acuité Ratings reaffirmed Superhouse Limited's long-term rating at 'ACUITE A-/Stable' and short-term rating at 'ACUITE A2+'. The ratings cover bank loan facilities totaling ₹219 Crore.
Infomerics reaffirmed Shri Vasuprada Plantations' ratings for ₹50 Crore bank facilities. Notably, the long-term outlook was revised from 'Stable' to 'Negative', signaling potential credit pressure.
Infomerics downgraded Shree Tirupati Balajee FIBC's credit rating to IVR BBB+ while revising the outlook to Stable. The rating covers Rs.85.76 Crore in bank facilities.
Shree Tirupati Balajee Agro Trading received an IVR BBB+/Stable credit rating for its ₹104 Crore bank facilities. The rating reflects the company's FY26 financial performance.
Infomerics reaffirmed Tiger Logistics' IVR A- rating while revising the outlook to Negative. The change reflects margin compression and elongated working capital cycles.
CRISIL reaffirmed and subsequently withdrew ratings for ARSSBL's Rs.1,500 Crore facilities at the company's request. The withdrawal follows a banker no-objection certificate.
Fitch Ratings affirmed the 'BB+/Stable' credit rating for JSW Hydro Energy's senior secured USD bonds. This affirmation maintains the credit profile of the step-down subsidiary.
CRISIL reaffirmed Shoppers Stop's credit rating at A+/Stable across ₹630 Crore total bank facilities. This includes enhanced limits for its subsidiary, maintaining stable creditworthiness.
Purv Flexipack Limited's credit rating for ₹96.65 Crore bank facilities was reaffirmed at IVR BBB-. However, the outlook was revised to Negative from Stable.
ICRA reaffirmed the [ICRA]A1+ rating for Karur Vysya Bank's ₹10,000 Crore Certificate of Deposit Programme. This confirms strong liquidity and creditworthiness for investors.
ICRA reaffirmed Central Bank of India's [ICRA]AA (Stable) rating for its Basel III Tier I and II bonds. Ratings reflect sovereign support and improved capitalization.
ICRA upgraded Rajratan Global Wire's credit rating outlook for bank facilities totaling ₹50.00 Crore. The long-term rating was assigned [ICRA]A+ (Stable).
India Ratings affirmed Sunteck Realty's issuer rating at IND AA/Stable. These stable ratings reflect the company's sustained creditworthiness and robust operational profile.
CRISIL reaffirmed Pudumjee Paper Products Limited's 'CRISIL A/Stable' rating for Rs.330 Crore facilities. The outlook was revised from 'Positive' to 'Stable'.
Infomerics has reaffirmed Cool Caps Industries' long-term rating at IVR BBB- but revised the outlook to Negative. Total rated bank facilities amount to ₹68.44 Crore.
India Ratings assigned ideaForge Technology Limited a long-term issuer rating of 'IND BBB' with a stable outlook. The rating reflects improved operating performance and execution momentum.
CRISIL Ratings has revalidated Nxt-Infra Trust's credit rating at 'CRISIL AAA/Stable' for Rs. 3550 Crore bank facilities. This top-tier rating reflects the trust's strong financial stability.
CRISIL re-affirmed Megatherm Induction Limited's credit rating at 'CRISIL BBB/Stable' for Rs. 105 Crore bank facilities. This stable investment-grade rating reflects maintained creditworthiness.
India Ratings and Research updated Anupam Rasayan's credit rating to 'IND AA-' with Negative Implications. Ratings cover bank loans and NCDs, reflecting current creditworthiness assessments.
India Ratings assigned a 'Stable' outlook to Nuvoco Vistas, removing the 'Rating Watch with Developing Implications'. Ratings for bank facilities and NCDs were affirmed at 'AA'.
ICRA assigned [ICRA]AA-(Stable) and [ICRA]A1+ ratings to Sandhar Technologies' Rs. 885 Crore borrowing facilities. The investment-grade ratings reflect stable creditworthiness for bank-based facilities.
CRISIL reaffirmed Epigral Limited's long-term rating at AA/Stable and short-term rating at A1+. The assessment covers bank loan facilities totaling ₹1050 Crore.
India Ratings affirmed KEI Industries' credit rating at IND AA+/Stable for bank facilities worth ₹3,810 Crore. The affirmation reflects high safety and very low credit risk.
CRISIL Ratings upgraded Sandur Manganese's outlook to 'Positive' while reaffirming its 'A+' rating for ₹582 crore bank facilities. The revision reflects improved credit visibility and operational stability.
Infomerics Ratings upgraded Patel Engineering's long-term rating to A and short-term rating to A1. The upgrade reflects improved liquidity and strong financial performance.
Current Infraprojects Limited received the highest 'SMERA SME 1' credit rating from SMERA Ratings. This reflects strong financial stability and superior creditworthiness for the company.
Patel Engineering received a credit rating upgrade from Infomerics for ₹6,282.79 Crore in facilities. Long-term ratings improved to IVR A/Stable, reflecting stronger financial performance.
CRISIL assigned 'Crisil A+' to Anupam Rasayan's ₹160 Crore NCDs and placed ₹1,620 Crore bank facilities on rating watch. This follows the acquisition of Bliss GVS Pharma.