Credit Rating

Gulshan Polyols Credit Rating

CRISIL Ratings has reaffirmed the ratings for Gulshan Polyols Ltd's bank facilities. The outlook was revised to 'Stable' from 'Negative'.

BEML Credit Rating

CARE Ratings Limited has reaffirmed credit ratings for BEML Ltd's long-term and short-term bank facilities, while withdrawing the rating for its commercial paper.

UltraTech Cement Credit Rating

UltraTech Cement has assigned a CARE AAA/Stable rating to a proposed ₹5,000 Crore NCD issue. Bank facilities were also reaffirmed at CARE AAA/Stable.

Value

₹5,000 Cr

Marine Electricals (India) Credit Rating

Marine Electricals (India) Limited received credit ratings from ICRA for various bank facilities. The ratings include [ICRA]A-(Stable) and [ICRA]A2+ for different instruments.

Value

₹419.5 Cr

Rishi Techtex Credit Rating

CRISIL has reaffirmed the credit ratings for Rishi Techtex Ltd's bank facilities. The long-term rating is CRISIL BBB-/Stable and short-term is CRISIL A3.

Value

₹34.00 Cr

Usha Martin Credit Rating

Usha Martin received a credit rating upgrade from India Ratings, moving its Long-Term Bank facilities to 'IND AA-' with a Stable outlook.

Hariom Pipe Industries Credit Rating

CRISIL Ratings has revised the credit ratings for Hariom Pipe Industries Limited's banking facilities. The company disclosed the new 'Stable' outlook for long-term facilities.

Rupa & Company Credit Rating

CRISIL Ratings has reaffirmed the credit ratings for Rupa & Company Limited's bank loan facilities and commercial paper, maintaining the existing assessment.

UltraTech Cement Credit Rating

UltraTech Cement received a 'Crisil AAA/Stable' rating for its ₹2,000 Crore Non-convertible debentures. Crisil also reaffirmed existing debt and bank loan facility ratings.

Value

₹2,000 Cr

Indo Borax & Chemicals Credit Rating

India Ratings and Research assigned 'IND BBB+/Stable/IND A2+' ratings to Indo Borax & Chemicals Ltd's bank loan facilities worth ₹60 Crore.

Value

₹60.00 Cr

Cheviot Company Credit Rating

Crisil Ratings has reaffirmed Cheviot Company's bank loan ratings as Crisil A+/Stable and Crisil A1+. The ratings apply to total bank facilities of ₹34 Crore.

Value

₹34.00 Cr

Inspirisys Solutions Credit Rating

CARE Ratings has upgraded the credit ratings for Inspirisys Solutions' long-term and short-term bank facilities. Ratings improved to CARE BBB+ (Stable) and CARE A2.

Value

₹20.00 Cr

Rishi Techtex Credit Rating

CRISIL has reaffirmed the credit ratings for Rishi Techtex Limited. The long-term rating is BBB-/Stable and the short-term rating is A3.

Motilal Oswal Financial Services Credit Rating

CRISIL has upgraded the long-term credit rating of Motilal Oswal Financial Services Limited to 'CRISIL AA+/Stable' from 'CRISIL AA/Positive'.

SPML Infra Credit Rating

CRISIL has assigned and reaffirmed credit ratings for SPML Infra Limited's various debt instruments, including term loans, cash credit, and commercial paper.

Keystone Realtors Credit Rating

Keystone Realtors Limited informed the exchange that India Ratings and Research has withdrawn the credit rating previously assigned to the company's bank loan facilities.

Samhi Hotels Credit Rating

SAMHI Hotels received credit rating updates from CARE Ratings for bank facilities held by its subsidiaries, SAMHI Hotels (Ahmedabad) and Duet India Hotels (Hyderabad).

Swan Defence and Heavy Industries Credit Rating

Swan Defence and Heavy Industries Limited received new credit ratings from ICRA Limited for credit facilities worth a total of ₹2,650 Crore. The disclosure is routine.

Value

₹2,650 Cr

Dar Credit & Capital Credit Rating

Dar Credit & Capital Limited received a reaffirmed credit rating of 'CARE BBB-; Stable' for its ₹50 Crore Non-Convertible Debentures from CARE Ratings Limited.

Value

₹50.00 Cr

Bondada Engineering Credit Rating

Bondada Engineering received a credit rating upgrade from CRISIL to A+/Stable. Total banking facilities were also increased to ₹2,000 Crore.

Value

₹2,000 Cr

Primo Chemicals Credit Rating

CareEdge Ratings Limited has withdrawn the credit ratings assigned to the bank facilities of Primo Chemicals Limited. This action follows a request by the company.

JSW Energy Credit Rating

JSW Energy's step-down subsidiary, JSW Renewable Energy (Vijayanagar) Limited, received a credit rating upgrade from Ind-Ra, moving from IND A+/Stable to IND AA-/Stable.

TVS Motor Company Credit Rating

TVS Motor Company received credit rating reaffirmations and a new assignment from CARE Ratings for its various debt instruments and bank facilities.

Godrej Properties Credit Rating

ICRA has reaffirmed credit ratings for various debt instruments of Godrej Properties. It has also withdrawn the rating for the ₹750 crore NCDs following full redemption.

Knowledge Realty Trust Credit Rating

Knowledge Realty Trust received an [ICRA]AAA (Stable) rating for its non-convertible debentures, covering a total rated amount of ₹4,200 Crore.

Value

₹4,200 Cr

Hindusthan Insulators & Industries Credit Rating

Hindusthan Insulators & Industries Limited has been assigned CARE BBB; Stable and CARE A3+ ratings for its bank facilities by Care Ratings Limited.

Mahindra & Mahindra Financial Services Credit Rating

Mahindra & Mahindra Financial Services received updated credit ratings from CARE and India Ratings for its various bank facilities and fixed deposit instruments.

Bank of Maharashtra Credit Rating

ICRA Limited has reaffirmed the credit ratings on Bank of Maharashtra’s Basel III Tier II and infrastructure bonds.

GRM Overseas Credit Rating

GRM Overseas Limited received a credit rating upgrade from Acuité Ratings & Research, with long-term rating raised to 'ACUITE A' and short-term to 'ACUITE A1'.

Gujarat Themis Biosyn Credit Rating

CARE Ratings has placed Gujarat Themis Biosyn's bank facilities on 'Rating Watch with Negative Implications' following announced large-scale acquisitions.