12-July-2025
Corporate News
 
Reliance Infrastructure’s credit rating improves by three-notch after debt clean-up
12-Jul-2025

Anil Ambani-led Reliance Infrastructure has received three-notch rating ‘IND B/Stable’ from India Ratings and Research upgrading. The three-notch upgrade reflects a significant improvement in the company’s financial health following aggressive debt reduction efforts. This marks a key turnaround for Reliance Infrastructure, which was stuck at the default (IND D) rating for six years. Credit profile improves after debt clean-up The new rating applies to the company’s non-fund-based working capital limits, which stand at Rs 1,860.23 crore. India Ratings also withdrew ratings on some proposed fund-based limits, which the company did not utilise.

News Source:- https://www.financialexpress.com/business/industry-reliance-infrastructures-credit-rating-improves-by-three-notch-after-debt-clean-up-3911294/?ref=morelatest_hp
 
 
 

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