Gujarat Gas Limited — Credit Ratings, 29-09-2025: Credit Rating

CARE Ratings has reaffirmed Gujarat Gas's Long-term/Short-term bank facilities at CARE AAA; Stable / CARE A1+. The stable outlook reflects GGL's leading position in the city gas distribution business, strong operational scale, robust financial profile with nil debt, and significant liquidity of ₹2,000 Cr. The planned corporate restructuring is also noted.