NLC India Limited — Credit Ratings, 31-10-2024: Credit Rating

NLC India Limited announced that CRISIL Ratings and Care Ratings have reviewed and reaffirmed their ratings for various instruments. CRISIL reaffirmed its ratings of AAA/Stable for total bank loan facilities of ₹6,484.70 crore and non-convertible debentures of ₹3,000 crore. Care Ratings reaffirmed its CARE AAA/Stable rating for long-term bank facilities of ₹1,650 crore and assigned CARE AAA/Stable and CARE A1+ ratings for other facilities. Commercial paper of ₹6,000 crore maintained a CARE A1+ rating.