Adani Enterprises Limited — Credit Ratings, 24-12-2025: Credit Rating

Adani Enterprises received credit ratings from CARE Ratings and ICRA Limited. CARE assigned/reaffirmed 'CARE AA-; Stable' for NCDs and bank facilities, plus 'CARE A1+' for Commercial Paper. ICRA reaffirmed 'ICRA AA-; Stable' for NCDs, term loans, and bank facilities, also 'ICRA A1+' for Commercial Paper. The outlook for long-term instruments remains Stable.