Announced Tue, 16 Jun · 14:43 IST
RCCPL bank loan rating affirmed at IND AA/Stable
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BIRLACORPN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹980.00
prior close
₹999.00
base price
In-mkt
timing
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AI summary
India Ratings affirmed IND AA/Stable rating on RCCPL Private Limited, Birla Corporation's wholly-owned material subsidiary, for bank loan facilities worth INR 17,180 million (~₹1,718 crore). Action is 'Affirmed' — no change to existing high investment-grade rating on term loans from PNB, HDFC Bank, Indian Bank, IndusInd, and DBS Bank, plus a proposed term loan.
Likely market impact
Neutral; AA rating with stable outlook maintained on subsidiary's ₹1,718 cr bank loan facilities, no rating change.