Every credit rating announcement on NSE and BSE that our alert engine sent, newest first. Each one has its own page with the summary, the key figures and the original filing.
Sterling and Wilson Renewable Energy Limited's credit ratings were reaffirmed at IVR BBB+/Negative for long-term and IVR A2 for short-term facilities totaling ₹6465.21 Crore. The Negative outlook reflects moderated operating performance and PAT-level losses during 1HFY26.
Petronet LNG Limited received a new 'ICRA AAA (Stable)' credit rating from ICRA Limited for its Rs. 12,000 Crore Rupee Term Loan. Additionally, ICRA reaffirmed existing ratings of 'ICRA AAA (Stable)' and 'ICRA A1+' for various bank credit limits totaling Rs. 15,000 Crores, reflecting the company's strong creditworthiness.
India Ratings & Research has revised the credit rating outlook for CCL Products (India) Limited to 'Stable' from 'Negative' for its INR 1,176 Crore bank facilities. The agency also affirmed the long-term rating at 'IND AA-'. The revision reflects steady capacity ramp-ups and improving EBITDA margins.
Lumax Industries Limited received a credit rating upgrade from ICRA Limited for bank facilities totalling ₹1,502.93 Crore. Long-term ratings were upgraded to ICRA AA- (Stable) from ICRA A+, while short-term ratings improved to ICRA A1+ from ICRA A1, reflecting the company's strengthened financial profile.
Pitti Engineering Limited received credit rating updates from India Ratings & Research. A new ₹527 Crore facility was assigned an IND AA-/Stable/IND A1+ rating, while an existing ₹1,014.97 Crore facility had the same rating affirmed.
Current Infraprojects Limited has been assigned credit ratings by Crisil Ratings for its Rs.50 Crore bank facilities. The agency assigned a 'Crisil BBB-/Stable' rating for long-term facilities and 'Crisil A3' for short-term facilities, reflecting the company's creditworthiness and stable outlook.
Aavas Financiers Limited announced that ICRA Limited has assigned a final credit rating of [ICRA]AAA(SO) to Series A1 PTCs worth ₹495.61 Crore. These certificates were issued by Prime Home Loan Trust V and are backed by home loan receivables. This final rating confirms the earlier provisional assignment.
India Ratings (Ind-Ra) has placed Jaiprakash Power Ventures Limited's ₹500 Crore bank loan facilities on Rating Watch with Developing Implications. Previously rated IND A2+, the watch indicates the rating could be upgraded, affirmed, or downgraded pending a full analysis of recently received information.
India Ratings and Research has affirmed Rashtriya Chemicals and Fertilizers Limited's credit rating for its ₹1200 Crore Non-Convertible Debentures at 'IND AA' with a Stable outlook. The affirmation reflects RCF's strong market position and strategic importance to the government.
Rashtriya Chemicals and Fertilizers Limited announced that credit rating agencies ICRA and India Ratings have affirmed the 'AA/Stable' rating for its ₹1200 Crore Non-Convertible Debentures. This affirmation reflects the company's strong market position in the fertiliser segment and continued government support.
India Ratings & Research upgraded Varroc Engineering Limited's long-term bank facility rating to IND AA+/Stable and affirmed IND A1+. Ratings for Commercial Paper were affirmed at IND A1+, while NCD ratings were withdrawn following full repayment. The upgrades reflect the company's improved credit profile and absence of outstanding debenture obligations.
CRISIL upgraded Minda Corporation Limited's long-term credit rating from CRISIL AA-/Positive to CRISIL AA/Stable. The short-term rating was reaffirmed at CRISIL A1+. Additionally, its wholly-owned subsidiary, Minda Instruments Limited, saw its long-term rating upgraded to CRISIL AA/Stable, reflecting improved creditworthiness and financial stability for the group.
CRISIL Ratings has revised the outlook on Sheela Foam Limited's Rs.163.27 Crore bank facilities from 'Stable' to 'Positive' while reaffirming the 'CRISIL AA-' rating. This upgrade reflects improved creditworthiness and strong financial performance expectations for the mattress manufacturer.
Ratnaveer Precision Engineering Limited's credit ratings have been upgraded by Infomerics. Long-term bank facilities (₹388.47 Crore) improved from IVR BBB+/Positive to IVR A-/Stable, and short-term facilities moved from IVR A2 to IVR A2+. This upgrade reflects improved operational and financial performance for FY2025 and 9MFY26.
Asian Energy Services Limited announced that India Ratings & Research has withdrawn the ratings for its ₹125.0 Crore bank loan facilities. This voluntary withdrawal follows a no-objection certificate from lenders. The company's ratings from CRISIL Ratings Limited remain in force as per previous intimations.
Amarjothi Spinning Mills Limited has received a credit rating from CRISIL Ratings for its Rs.55 Crore bank facilities. The agency assigned a 'CRISIL BBB+/Stable' rating for the company's long-term bank facilities, reflecting its creditworthiness and stable outlook.
NCL Industries Limited announced that CRISIL has renewed its credit ratings. The company's Rs. 561.00 Crore bank facilities and Rs. 100.00 Crore fixed deposits received 'CRISIL A / Stable' and 'CRISIL A1' ratings, reflecting stable creditworthiness.
Safari Industries (India) Limited received credit rating confirmation from CRISIL for ₹150 Crore in bank facilities. Long-term ratings were assigned 'CRISIL AA-/Stable' and short-term ratings 'CRISIL A1+', indicating a strong credit profile and stable outlook for the company's debt obligations.
India Ratings and Research (Ind-Ra) has downgraded Khaitan Chemicals and Fertilizers Limited's bank facilities worth ₹536.31 Crore to 'IND BBB-'. The ratings have also been placed on 'Rating Watch with Developing Implications' due to constrained financial flexibility and subdued profitability in the SSP segment amid rising raw material costs and regional conflict.
Solar Industries India Limited received a credit rating upgrade on its outlook from CRISIL Ratings. The ratings for its ₹1,479.50 Crore bank facilities and ₹35 Crore NCDs were reaffirmed at CRISIL AA+, with the outlook revised from 'Stable' to 'Positive' due to improved business risk profiles and defense sector growth.
Jaiprakash Power Ventures Limited announced that CRISIL Ratings Limited has reaffirmed its 'CRISIL BBB/WATCH NEGATIVE' rating for the company's ₹5600 Crore long-term bank facilities. The rating maintains a negative outlook under watch.
CRISIL Ratings has reaffirmed Go Fashion (India) Limited's credit ratings for its ₹225 Crore bank loan facilities. The long-term rating is maintained at 'CRISIL A+/Stable' and the short-term rating at 'CRISIL A1+', reflecting the company's stable credit profile and financial position.
CRISIL reaffirmed Bajaj Electricals Limited's credit ratings at 'CRISIL AA-/Stable' for long-term and 'CRISIL A1+' for short-term bank facilities totaling ₹1,400 Crore. Additionally, a rating for a ₹600 Crore short-term facility was withdrawn at the company's request. These ratings reflect the company's sustained credit profile.
Embassy Office Parks REIT received reaffirmation of its 'CRISIL AAA/Stable' and 'CRISIL A1+' ratings from CRISIL Ratings. The ratings cover ₹11,550 Crore in NCDs and ₹2,000 Crore in Commercial Papers. The assessment reflects the trust's stable revenue from high-quality commercial assets and satisfactory debt protection metrics.
CRISIL Ratings has assigned a 'CRISIL AA+/Stable' rating to Torrent Power Limited's proposed ₹4000 Crore NCDs and re-affirmed the same for ₹4735 Crore of existing NCDs. Ratings for bank facilities and commercial paper were also re-affirmed at 'CRISIL AA+/Stable' and 'CRISIL A1+', respectively, reflecting the company's strong profitability and steady cash flows.
Aditya Birla Fashion and Retail Limited announced that CRISIL Ratings has reaffirmed its 'CRISIL AA+/Stable' and 'CRISIL A1+' ratings for various bank facilities and debt instruments. Certain bank loan ratings were withdrawn at the company's request. This reaffirmation reflects the company's stable credit profile and strong ability to meet financial obligations.
Ajmera Realty & Infra India Limited has been assigned a 'CRISIL A-/Stable' rating by CRISIL Ratings for its ₹500 Crore bank loan facilities. The rating reflects the agency's opinion on the company's creditworthiness and the stability of its long-term financial obligations.
Standard Engineering Technology Limited (SETL) received a credit rating update from CRISIL. Ratings for bank facilities totaling ₹194.50 Crore were reaffirmed at 'Crisil A/Crisil A1', with the long-term outlook revised from 'Stable' to 'Positive' for both SETL and its subsidiary, S2 Engineering Industry Private Limited.
Crisil Ratings Limited has reaffirmed its 'Crisil AA-/Stable' rating for Rs.990 Crore bank loan facilities of ACME Dhaulpur Powertech Private Limited, a subsidiary of ACME Solar Holdings Limited. This reaffirmation reflects the credit agency's stable outlook on the subsidiary's financial position.
Coal India Limited received credit ratings from CareEdge Ratings for its bank facilities totaling ₹14,230.38 Crore. Long-term facilities of ₹8,605.38 Crore were reaffirmed at 'CARE AAA; Stable', while short-term facilities of ₹5,625.00 Crore were reaffirmed at 'CARE A1+'. These top-tier ratings reflect the company's robust creditworthiness and financial stability.
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