Vedanta Limited has informed the Exchange about Credit Rating
VEDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ICRA has upgraded Vedanta Limited's long-term rating from ICRA AA (Watch Developing) to ICRA AA+ with a Stable outlook. The short-term rating ICRA A1+ has been reaffirmed. Two subsidiaries also received upgrades: Vedanta Aluminium Metal Limited moved to ICRA AA+ (from ICRA AA) and Talwandi Sabo Power Limited moved to ICRA AA- (from ICRA A+). All three entities have been removed from Watch with Developing Implications. ICRA cited material improvement in the group's credit profile in FY 2025-26, driven by favourable price-cost dynamics, significant improvement in capital structure, liquidity and debt coverage indicators. Refinancing ability and debt maturity profile at the group level also improved substantially, leading to a sharp reduction in average interest cost.
The upgrade signals strengthening credit health of Vedanta and its key subsidiaries, which is positive for bondholders and equity investors as it reduces default risk and financing costs.