Electrosteel Castings Limited — Credit Ratings, 02-02-2026: Credit Rating

CRISIL Ratings revised the outlook on Electrosteel Castings' INR 4400 Cr Long Term Bank Loan Facilities from Stable to Negative, affirming the rating at CRISIL AA. Short Term Bank Loan Facilities and INR 100 Cr Commercial Paper were reaffirmed at CRISIL A1+. Investors should note the shift in the company's long-term outlook.