Welspun Specialty Solutions500365Credit rating downgrade
CARE assigns CARE AA-; Stable/A1+ to Rs.300 crore bank lines; Rs.50 crore CP reaffirmed at A1+
55.17%WCL stake in WSSL
- Credit Rating Change
- CARE AA+ (CE) withdrawn; CARE AA-; Stable assigned
- Long-Term Bank Facilities
- Rs.235 crore rated CARE AA-; Stable
- Short-Term Bank Facilities
- Rs.65 crore rated CARE A1+
- Commercial Paper
- Rs.50 crore reaffirmed at CARE A1+
- Parent Company Stake
- Welspun Corp holds 55.17% stake
CARE assigns CARE AA-; Stable/A1+ to Rs.300 crore bank lines; Rs.50 crore CP reaffirmed at A1+.
CARE AA-Assigned · CARE Ratings
Also from Welspun Specialty Solutions
Rahul Gujar appointed Business Head and designated Senior Management Personnel
1 Oct 2026
More numbers
- LT/ST bank facilities rated235.00 (₹ Crore)
- Long term bank facilities rated65.00 (₹ Crore)
- Commercial paper rated50.00 (₹ Crore)
- WCL stake in WSSL55.17%
- Total operating income FY26895 (₹ crore)
- Overall gearing FY260.41
- Cash and liquid investments as on Mar 31, 2026₹155 crore
Source: BSE · 29 Sep 2026
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