Credit Rating

Milkfood Credit Rating

Milkfood Ltd received a reaffirmation of its credit rating as 'IVR BB+/STABLE' from Infomerics Valuation and Ratings Private Limited.

Capri Global Capital Credit Rating

Capri Global Capital Limited received a 'CareEdge BB-/Positive' credit rating from CareEdge Global IFSC Limited for its proposed US$ 300 million senior secured notes.

Airfloa Rail Technology Credit Rating

Airfloa Rail Technology Limited has received a 'SMERA SME 1' credit rating from the SME Rating Agency of India. This rating indicates the company's high credit worthiness.

Transpek Industry Credit Rating

Transpek Industry Limited submitted credit ratings for its bank facilities and fixed deposits from CRISIL. The filing also notes the withdrawal of previous ratings for certain facilities.

Larsen & Toubro Credit Rating

Larsen & Toubro received an affirmation of its 'IND AAA' (Stable) rating for NCDs and 'IND A1+' for Commercial Paper from India Ratings.

Vaibhav Global Credit Rating

CARE Ratings Limited upgraded the bank facility credit ratings for Vaibhav Global Limited to CARE A+; Stable / CARE A1+.

ICICI Bank Credit Rating

Moody's and S&P Global have assigned 'Baa3' and 'BBB' credit ratings respectively to ICICI Bank's previously announced USD 500 million Senior Unsecured Fixed Rate Notes.

Value

₹50.00 Cr

Makers Laboratories Credit Rating

CARE Edge Ratings has reaffirmed the rating of 'CARE BBB+; Stable' for Makers Laboratories Ltd's long-term bank facilities worth ₹8.00 Crore.

Value

₹8.00 Cr

Religare Enterprises Credit Rating

India Ratings affirmed the existing credit rating and assigned a new subordinated debt rating of IND AA-/Stable to Care Health Insurance, a material subsidiary of Religare.

JSW Energy Credit Rating

JSW Energy announced that CARE Ratings has reaffirmed and upgraded the ratings for its step-down subsidiaries, including upgrades for O2 Renewable Energy XII and XV.

Rajshree Polypack Credit Rating

CRISIL Ratings has re-affirmed the credit rating for Rajshree Polypack Limited's bank facilities at CRISIL BBB+/Stable. This maintains the company's existing credit assessment.

DCM Shriram Credit Rating

ICRA Limited has re-affirmed credit ratings for various debt facilities of DCM Shriram Limited. The ratings encompass long-term and short-term fund and non-fund based limits.

Bajaj Auto Credit Rating

Bajaj Auto Limited has received a reaffirmation of its credit ratings from CRISIL Ratings Limited for various bank facilities totaling ₹891.75 Crore.

Value

₹891.8 Cr

Emcure Pharmaceuticals Credit Rating

Emcure Pharmaceuticals received a credit rating reaffirmation from CARE Ratings for its existing bank facilities. The company maintains its stable outlook and financial profile.

Milkfood Credit Rating

Infomerics Valuation and Rating Ltd. reaffirmed Milkfood Limited's long-term rating at IVR BB+/Stable. The rating covers bank facilities totaling ₹95.01 Crore from SBI and Canara Bank.

Value

₹95.01 Cr

Phoenix Mills Credit Rating

India Ratings and Research upgraded The Phoenix Mills Limited's long-term bank facilities rating to 'IND AA+' from 'IND AA'. The 'IND A1+' rating for commercial papers was affirmed.

Value

₹850.0 Cr

Chembond Material Technologies Credit Rating

ICRA assigned a 'BBB (Stable)' long-term and 'A3+' short-term rating to Chembond Material Technologies' Rs. 65 Crore bank facilities. This first-time rating assignment covers cash credit and unallocated limits.

Value

₹65.00 Cr

Global Surfaces Credit Rating

Acuité Ratings has downgraded Global Surfaces Limited's credit ratings for Rs. 143.10 Crore in bank facilities. The downgrade reflects moderating operating performance and a stretched liquidity position.

Value

₹143.1 Cr

Jaiprakash Power Ventures Credit Rating

CRISIL Ratings has reaffirmed its 'CRISIL BBB/Watch Negative' rating for Jaiprakash Power Ventures Limited's Rs. 5,600 Crore long-term bank facilities. The rating remains under watch.

Value

₹5,600 Cr

Gandhar Oil Refinery (India) Credit Rating

CRISIL Ratings has assigned a 'Crisil A+/Stable' long-term and 'Crisil A1' short-term rating to Gandhar Oil Refinery (India) Limited's bank facilities totaling Rs.300 Crore.

Value

₹300.0 Cr

Adani Power Credit Rating

India Ratings and Research upgraded Adani Power Limited's credit rating to IND AA+ with a stable outlook. This action covers bank loan facilities and NCDs totaling ₹90,500 Crore.

Value

₹90,500 Cr

Capri Global Capital Credit Rating

Fitch Ratings assigned a 'BB-(EXP)' rating to Capri Global Capital's proposed $1 billion Global Medium Term Note Programme. This rating covers upcoming US dollar-denominated senior secured bonds.

Value

₹9,500 Cr

JM Financial Credit Rating

JM Financial received updated credit ratings from CRISIL for its long-term bank facilities, non-convertible debentures, and commercial paper.

Anupam Rasayan India Credit Rating

CRISIL Ratings has continued the ratings on Anupam Rasayan India Ltd's bank facilities and non-convertible debentures, maintaining the 'Rating Watch with Developing Implications'.

Indo Borax & Chemicals Credit Rating

Indo Borax & Chemicals Ltd received a credit rating update from India Ratings, placing its bank loan facilities on 'Rating Watch with Negative Implications'.

Jocil Credit Rating

CRISIL Ratings assigned new ratings to Jocil Limited for bank facilities worth ₹50 Crore. The ratings cover both long-term and short-term debt facilities.

Value

₹50.00 Cr

Astra Microwave Products Credit Rating

Astra Microwave Products Limited received an upgraded credit rating of 'CRISIL A+/Stable' for its long-term bank facilities and corporate credit rating from CRISIL Ratings Limited.

Zensar Technologies Credit Rating

ICRA Limited has reaffirmed the credit rating of Zensar Technologies for its long-term and short-term fund/non-fund based bank facilities, totaling ₹191 Crore.

Value

₹191.0 Cr

Shiva Texyarn Credit Rating

CARE Ratings has upgraded the credit ratings for Shiva Texyarn Ltd's bank facilities totaling ₹202.58 Crore. This reflects improved creditworthiness for the company.

IDBI Bank Credit Rating

ICRA reaffirmed IDBI Bank's long-term debt rating as 'ICRA AA/Stable' and short-term certificate of deposit programme rating as 'ICRA A1+'.