ATLANTAA LIMITED has informed the Exchange about Credit Rating- New
ATLANTAA · price
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Atlantaa Limited has received a new credit rating from Infomerics Valuation and Rating Limited for its proposed bank facilities. The rating assigned is IVR BB+/Stable for long-term and IVR A4+ for short-term instruments. The rating covers bank guarantee facilities (non-fund based limits) totaling Rs. 100 crore. The rating was assigned by Infomerics' Rating Committee on July 16, 2025, and is valid for one year. This is an initial rating assignment for the proposed facility, which has not yet been availed.
The IVR BB+ rating is below investment grade (speculative grade), indicating moderate risk of default on financial obligations. While the stable outlook is positive, the sub-investment grade rating may result in higher borrowing costs for the company and could be viewed cautiously by investors.