| CARE Limited | Rating Upgradation on 13 March 2026 | Rating | Rating Action |
| Long Term Bank Facilities | CARE AA; Stable | Reaffirmed | |
| Long Term/Short Term Bank Facilities | CARE AA; Stable /CARE A1+ | Assigned |
| ICRA Limited | Rating assigned on April 15, 2026 | Rating | Rating Action |
|---|---|---|---|
| Long-Term Fund-based Term Loan | [ICRA]AA (Stable) | Upgraded from [ICRA] AA- (Positive) and outlook revised to Stable from Positive | |
| Long-Term/Short-Term Fund based/Non-fund based working capital | [ICRA]AA ; Stable/ [ICRA]A1+ | Long term rating upgraded from [ICRA]AA- (Positive) and outlook revised to Stable from Positive and Short-term rating reaffirmed | |
| Commercial Paper | [ICRA]A1+; | Reaffirmed |