Suzlon Energy Limited — Credit Ratings, 30-07-2025: Credit Rating
30-07-2025 | 02:51 pm
30-07-2025 | 02:51 pm
CRISIL has upgraded SE Forge Limited's long-term credit rating to 'CRISIL A- / Stable' from 'CRISIL BBB+ / Positive', with its short-term rating also improving to 'CRISIL A2+' from 'CRISIL A2'. This positive rating action, which coincides with an enhancement of total bank loan facilities to Rs. 405.45 Crores from Rs. 205.45 Crores, generally indicates a strengthened financial profile and improved creditworthiness of the company. For retail investors, a higher credit rating implies potential for lower borrowing costs for the subsidiary and enhanced confidence among lenders and investors, thereby granting more operational flexibility and supporting future growth initiatives.
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