Adani Ports and Special Economic Zone Limited — Credit Ratings, 18-10-2024: Credit Rating

Adani Ports and Special Economic Zone Ltd. has received an upgrade in its long-term credit ratings from India Ratings and Research Pvt. Ltd., reflecting a stable outlook. The ratings for proposed Non-Convertible Debentures (NCDs) worth Rs. 10,000 crore and existing NCDs of Rs. 1,852 crore were upgraded to IND AAA/Stable. The short-term rating for Commercial Paper (Rs. 6,700 crore) was affirmed at IND A+. Details are available on their website.