Kothari Sugars & Chemicals Credit Rating
CRISIL placed Kothari Sugars' bank facilities on 'Rating Watch with Developing Implications'. The ratings remain unchanged, but the watch signals potential near-term volatility.
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CRISIL placed Kothari Sugars' bank facilities on 'Rating Watch with Developing Implications'. The ratings remain unchanged, but the watch signals potential near-term volatility.
CRISIL reaffirmed Netweb Technologies' long-term rating at 'Crisil A+/Stable' and short-term at 'Crisil A1'. The rated bank loan facilities were enhanced to Rs. 2420 Crore.
CARE Ratings downgraded VPRPL's bank facilities to BB- and moved them to 'Issuer Not Cooperating' category. The downgrade reflects significant operating losses and high working capital intensity.
CRISIL revised Tirupati Sarjan's long-term rating to Crisil B+/Stable from BB-/Stable. The downgrade reflects weaker credit profile and warrants investor attention.
India Ratings assigned IND BBB/Stable long-term and IND A3+ short-term ratings to Jay Ushin Ltd. The company also withdrew its earlier rating from Brickwork Ratings.
ICRA reaffirmed Thirumalai Chemicals' long-term rating at [ICRA]BBB+ with a negative outlook. The action reflects periodic monitoring post Q4FY2026 results.
India Ratings assigned a 'IND BBB-/Stable/IND A3' rating to Desco Infratech's bank facilities. The stable outlook reflects the company's strong order book and improving revenue.
India Ratings upgraded Uttam Sugar Mills' bank facilities to IND A/Stable/IND A1. This reflects improved creditworthiness and may lower borrowing costs.
Brickwork Ratings downgraded India Power Corporation's bank facilities to 'BWR D' following defaults on interest payments. The company is currently under Corporate Insolvency Resolution Process.
OBCL Limited announced the withdrawal of its credit rating by CARE Ratings Limited for its bank facilities. This follows the company's voluntary request for rating discontinuation.
CRISIL Ratings reaffirmed Gujarat Energy Limited's 'CRISIL AAA/Stable' credit rating for ₹3,350 Crore bank facilities. This top-tier rating reflects the company's strong business and financial profiles.
ICRA has downgraded Archies Limited's bank facilities rating to [ICRA]B+ (Stable) from [ICRA]BB- (Stable). The rating action covers bank lines totaling ₹24.10 Crore.
CARE Ratings downgraded Pakka Limited's ₹630.94 Crore bank facilities to 'ISSUER NOT COOPERATING' status. The revision follows the company's non-cooperation during the rating review process.
Antelopus Selan Energy received an 'IND A/Stable/IND A1' credit rating for its ₹300 Crore proposed bank facilities. The rating reflects the company's sizeable reserve base.
Infomerics Ratings reaffirmed Shri Keshav Cements' ratings for ₹269.35 Crore bank facilities. The long-term outlook was revised to 'Negative' from 'Stable', reflecting operational monitoring.
CRISIL upgraded Ecoplast Limited's long-term rating to BBB/Stable and short-term rating to A3+. This credit profile improvement reflects strengthened financial stability and reduced risk.
India Ratings affirmed RSWM Limited's 'IND A' rating and revised the outlook to Stable. Total rated bank facilities amount to ₹2,155.75 Crore.
ICRA reaffirmed Bharat Bijlee's credit rating at [ICRA]AA- (Stable) and [ICRA]A1+ for ₹1800 Crore bank facilities. The stable outlook reflects consistent operational performance.
CRISIL upgraded Muthoot Microfin's long-term rating to AA-/Stable across Rs. 10,300 Crore in facilities. This reflects strengthening asset quality and improved profitability.
CRISIL Ratings reaffirmed 'CRISIL A-/Stable' and 'CRISIL A2+' ratings for Renaissance Global Limited's ₹492.62 Crore bank facilities. The rating reaffirmation reflects stable creditworthiness.
India Ratings revised Marksans Pharma's bank loan outlook to Positive from Stable, affirming its IND AA- rating. The upgrade covers facilities worth ₹195.75 Crore.
CRISIL upgraded Muthoot Microfin's long-term credit facilities and NCDs to 'CRISIL AA-/Stable'. This upgrade reflects improved asset quality and strong parent support.
CRISIL upgraded Muthoot Capital's long-term ratings to 'Crisil AA-/Stable' from 'Crisil A+/Positive'. The upgrade reflects strengthened financial support and linkages with the Muthoot Pappachan Group.
S&P Global Ratings assigned a 'B+' rating to IIFL Finance's $500 million Senior Secured Fixed Rate Notes. This assignment supports the company's $1 billion global note programme.
Acuité Ratings reaffirmed Superhouse Limited's long-term rating at 'ACUITE A-/Stable' and short-term rating at 'ACUITE A2+'. The ratings cover bank loan facilities totaling ₹219 Crore.
Infomerics reaffirmed Shri Vasuprada Plantations' ratings for ₹50 Crore bank facilities. Notably, the long-term outlook was revised from 'Stable' to 'Negative', signaling potential credit pressure.
Infomerics downgraded Shree Tirupati Balajee FIBC's credit rating to IVR BBB+ while revising the outlook to Stable. The rating covers Rs.85.76 Crore in bank facilities.
Shree Tirupati Balajee Agro Trading received an IVR BBB+/Stable credit rating for its ₹104 Crore bank facilities. The rating reflects the company's FY26 financial performance.
Infomerics reaffirmed Tiger Logistics' IVR A- rating while revising the outlook to Negative. The change reflects margin compression and elongated working capital cycles.
CRISIL reaffirmed and subsequently withdrew ratings for ARSSBL's Rs.1,500 Crore facilities at the company's request. The withdrawal follows a banker no-objection certificate.