Credit Rating
TARC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Infomerics Valuation and Rating Limited has reaffirmed the credit rating of IVR BBB- for Tarc Ltd's Non-Convertible Debentures (NCDs). The rating was placed on Rating Watch Negative (RWNI). While the rating itself was maintained at investment-grade level, the negative watch indicates the agency sees potential for a future downgrade. The reaffirmation was issued on May 11, 2026, and the rating was verified on May 12, 2026.
The BBB- rating remains investment grade, but the Rating Watch Negative suggests elevated risk of downgrade in the near term, which could increase borrowing costs and signal deteriorating credit health to investors.