Ducon Infratechnologies Limited has informed the Exchange about Credit Rating- Revision
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Ducon Infratechnologies informed the exchanges that Acuité Ratings & Research has reaffirmed its credit rating on the company's bank loan facilities. The long-term rating of ACUITE B+ with a Stable outlook has been kept unchanged. The rating covers total bank facilities of Rs. 45.49 Cr, which is a single Cash Credit facility from Bank of Baroda. The rating action is a 'reaffirmation,' meaning no change from the previous rating, despite the headline mentioning a 'revision.' The rating letter is valid until October 16, 2025.
The rating being reaffirmed (not changed) suggests the rating agency sees no significant change in the company's credit profile. However, the B+ rating remains in the speculative (non-investment grade) category, which signals higher credit risk to lenders and investors. Shareholders should note this is not an upgrade — the company's credit standing remains at a low speculative grade.