Acme Solar Holdings Limited has informed the Exchange regarding 'Update on credit rating - ACME Dhaulpur Powertech Private Limited'.
ACMESOLAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Crisil Ratings has reaffirmed the credit rating of ACME Dhaulpur Powertech Private Limited, a wholly owned subsidiary of Acme Solar Holdings. The rating covers total bank loan facilities of Rs. 990 crore. The long-term rating stands at Crisil AA-/Stable, unchanged from the earlier assessment dated April 28, 2025. The reaffirmation indicates that Crisil views the subsidiary's credit profile and debt-servicing capacity as stable.
No material impact on shareholders — the rating is unchanged, suggesting steady financial health of the subsidiary. The 'Stable' outlook signals continued confidence in near-term debt servicing, which is neutral to slightly positive for the stock.