NLC India Limited has informed the Exchange about Credit Rating
NLCINDIA · price
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NLC India Limited announced that Infomerics Valuation and Rating Ltd. has reviewed and reaffirmed its credit rating. The rating for the Long Term Bank Facility (Term Loan) of ₹916 crore stands at IVR AAA with a Stable Outlook. This is the highest investment-grade rating, indicating excellent creditworthiness. The reaffirmation shows no change from the previous rating assigned to the company.
AAA rating with stable outlook reaffirms NLC India's strong financial health and ability to service debt, which is positive for shareholders and supports borrowing costs. No negative impact on the stock is expected from this announcement.