MIC Electronics Credit Rating
Brickwork Ratings upgraded MIC Electronics Limited's credit rating for bank loan facilities totaling Rs. 110.82 Crore. Fund-based facilities were upgraded to BWR BBB-/Stable from BWR BB/Stable.
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- ₹110.8 Cr
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Brickwork Ratings upgraded MIC Electronics Limited's credit rating for bank loan facilities totaling Rs. 110.82 Crore. Fund-based facilities were upgraded to BWR BBB-/Stable from BWR BB/Stable.
S&P Global Ratings has revised the credit rating outlook for UPL Corporation Limited from 'Stable' to 'Positive'. The 'BB' long-term issuer credit rating remains affirmed.
Infomerics Valuation and Rating Limited assigned an 'IVR BBB+/Stable' rating to Vision Infra Equipment Solutions' bank facilities and proposed non-convertible debentures totaling ₹158.00 Crore.
Thirumalai Chemicals Limited received a credit rating downgrade from ICRA to [ICRA]BBB (Negative) and [ICRA]A3+ across various long-term and short-term debt instruments.
Vedanta Ltd announced the withdrawal of credit ratings for its Non-Convertible Debentures, which were transferred to Vedanta Aluminium Metal Limited post-demerger.
India Ratings upgraded Vedanta Aluminium Metal's long-term rating to IND AA+/Stable from IND AA-/Rating Watch. This reflects improved credit quality for the company's debt instruments.
CRISIL Ratings reaffirmed the long-term A/Stable and short-term A1 credit ratings for the company's banking facilities. This action follows a regular surveillance review.
Crisil Ratings has reaffirmed the 'Crisil AA/Stable' and 'Crisil A1+' credit ratings for Aditya Birla Real Estate Limited's existing long-term and short-term debt facilities.
S&P Global Ratings assigned 'BBB-' long-term and 'A-3' short-term issuer credit ratings to IDFC First Bank. The outlook on the long-term rating is stable.
CARE Ratings upgraded the long-term bank facility ratings for Navin Fluorine International Limited and its subsidiary, Navin Fluorine Advanced Sciences Limited.
Synergy Green Industries Limited received a reaffirmed Crisil BBB/Stable rating for its bank facilities and fixed deposits from CRISIL Ratings.
Infomerics upgraded Caprihans India's credit ratings to IVR BB+/Stable and IVR A4+. Total rated bank loan facilities were enhanced to ₹624.24 Crore.
India Ratings revised the outlook on CSB Bank’s Tier II Bonds programme to 'Stable' from 'Positive', reaffirming the 'IND A' rating. The bonds remain unissued.
CARE Ratings has withdrawn the credit rating for the Tulip Growth 12 2023 PTCs, as the underlying obligations have been fully redeemed and settled.
CareEdge Ratings upgraded the company's long-term bank facilities rating to 'CARE BBB-; Stable'. The rating agency also withdrew its rating on the company's fixed deposit programme.
Goodluck India's subsidiary, Goodluck Defence and Aerospace, received a new credit rating of IND A+/Stable/IND A1+ from India Ratings for bank facilities.
CARE Ratings reaffirmed Zuari Industries Limited's ratings for bank facilities totaling ₹667.49 Crore. The long-term rating outlook was revised to Stable from Negative.
ICRA Limited has assigned an [ICRA] A+ (Stable) issuer rating to Max Estates Limited. The rating reflects strong residential segment performance and robust occupancy in commercial assets.
Cohance Lifesciences has withdrawn its credit ratings from CRISIL Ratings Limited for certain loan facilities. The company continues to maintain valid ratings from India Ratings.
Vikram Solar received a credit rating update from India Ratings, which enhanced its total rated bank loan facilities from ₹2,700 Crore to ₹4,000 Crore.
Huhtamaki India Limited received a reaffirmed 'CRISIL AA-/Stable' credit rating for its ₹88 Crore bank loan facilities. This action confirms the company's existing rating status.
Deccan Cements received a credit rating update from CARE Ratings, with long-term bank facilities downgraded to CARE BBB/Stable and short-term ratings reaffirmed at CARE A3+.
ICICI Bank received 'Baa3' and 'BBB' credit ratings from Moody's and S&P respectively for its previously announced USD 300 million senior notes.
ICRA has revalidated the credit rating of Home First Finance Company's Non-Convertible Debentures at [ICRA] AA (Stable). This action maintains the existing credit rating for the company.
CARE Ratings Limited has reaffirmed the credit ratings for Voltamp Transformers' banking facilities. Ratings include CARE AA; Stable and CARE AA; Stable / CARE A1+.
BHEL's credit rating was upgraded by India Ratings & Research. Long Term Rating moved from 'IND AA-' to 'IND AA/Stable'.
Jay Ushin Ltd has withdrawn its credit ratings from Brickwork Ratings India Private Limited. This relates to bank loan facilities totaling ₹63.49 Crore.
CARE Ratings reaffirmed 'CARE AAA; Stable / CARE A1+' rating on Gujarat Energy Limited's bank facilities. The total rated facility amount is ₹12,836.00 crore.
Trident Limited informed the exchange about a Credit Bulletin from CRISIL Ratings. The bulletin updates bank-wise facility details in line with RBI requirements.
IRIS RegTech Solutions received a credit rating update from ICRA, maintaining [ICRA]BBB for long-term facilities and upgrading the short-term rating to [ICRA]A2.