Solex Energy Limited — Credit Ratings, 27-05-2025: Credit Rating- New

CRISIL has reaffirmed Solex Energy Limited’s credit ratings at BBB (long-term) and A3+ (short-term) with a stable outlook. The ratings reflect the company’s steady financial health and adequate liquidity, supported by total bank loans of Rs. 620.59 Cr. This stable credit profile is likely to maintain borrowing costs and bolster investor confidence, preserving Solex Energy’s strategic flexibility.