Announced Wed, 22 Jul · 18:06 IST
ICRA assigns BBB Stable rating to Swan Defence credit facilities of Rs 2,650 cr
SWANDEF · 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
+0.7%1-day move
₹2409.00
prior close
₹2407.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-0.3-0.3+1.0+0.7+2.1+1.3———————
Up moveDown movePending
AI summary
ICRA assigned [ICRA]BBB (Stable) rating to Swan Defence's Rs 1,150 crore long-term fund-based term loan from National Bank for Financing Infrastructure and Development, and [ICRA]BBB (Stable) plus [ICRA]A3+ for Rs 1,500 crore unallocated limits, totalling Rs 2,650 crore. The rating is new and was assigned on July 21, 2026. BBB is an investment grade rating indicating adequate capacity to meet financial commitments.
Likely market impact
Investment grade rating from ICRA supports the company's ability to raise debt at reasonable costs and signals adequate financial health to lenders.