Delton Cables504240Credit rating upgrade
Acuité assigns ACUITE BBB+/Stable and ACUITE A2+ on Rs. 334.57 crore bank loans, upgraded from IVR BBB/IVR A3+
By ScoutQuest · · 1 min read
334.57 (Rs. Cr)Total outstanding quantum
Short-term bank loan facilities rated215.00 (Rs. Cr)
Long-term bank loan facilities rated119.57 (Rs. Cr)
- Rating action
- ACUITE BBB+/Stable (long-term) and ACUITE A2+ (short-term) assigned, upgraded from IVR BBB/Stable and IVR A3+
- Bank loan ratings quantum
- Long-term bank loans of Rs. 119.57 crore and short-term bank loans of Rs. 215.00 crore
- Total outstanding quantum
- Rs. 334.57 crore
- Agency
- Acuité Ratings & Research Limited
- Action
- Upgraded
Acuité assigns ACUITE BBB+/Stable and ACUITE A2+ on Rs. 334.57 crore bank loans, upgraded from IVR BBB/IVR A3+.
ACUITE BBB+Upgraded · Acuité Ratings & Research Limited
Rating letter issued
Rating letter expires
Annual fee valid till
Rating letter re-issue subject to receipt of surveillance fee
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More numbers
- Long-term bank loan facilities rated119.57 (Rs. Cr)
- Short-term bank loan facilities rated215.00 (Rs. Cr)
- Total outstanding quantum334.57 (Rs. Cr)
Source: BSE · 28 Oct 2026
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