CARE reaffirms 'CARE AA; Stable' rating on Rs. 250 crores long term bank facilities
CARE Ratings has reaffirmed the company's long term bank facilities rating.
- Facility Type
- Long term bank facilities
- Facility Amount
- Rs. 250 crores
- Rating
- CARE AA; Stable
- Rating Action
- Reaffirmed
- Rating Date
- September 24, 2026
What was shared
The company informed the exchanges that CARE Ratings Limited, by its letter dated September 24, 2026, reviewed and reaffirmed its credit rating.
Details
- Instrument / Facility: Long term bank facilities
- Amount: Rs. 250 crores
- Rating: CARE AA; Stable
- Rating Action: Reaffirmed
What it means
A credit rating is an agency's opinion on how likely a borrower is to repay on time. "Reaffirmed" means the earlier rating has been retained without any upgrade or downgrade. "Stable" is the outlook, indicating the agency does not currently expect the rating to change in the near term. AA is a high safety grade in CARE's long term scale.
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More numbers
- Long term bank facilities ratedRs. 250 crores
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