Gujarat State Petronet Limited — Credit Ratings, 05-12-2025: Credit Rating

CARE Ratings (CareEdge) has reviewed Gujarat State Petronet's (GSPL) bank facilities. Long-Term ratings (CARE AA+) for facilities totaling ₹50 Cr continue on 'Rating Watch with Developing Implications'. Long-Term/Short-Term ratings (CARE AA+ / A1+) for facilities totaling ₹250 Cr see LT rating placed on 'Watch' & ST rating reaffirmed. This follows GSPL's proposed amalgamation with Gujarat Gas and transmission business de-merger.