Viviana Power Tech Limited — Credit Ratings, 07-03-2026: Credit Rating- New

Viviana Power Tech Limited's Non-Convertible Debentures (NCDs) of INR 100 Crore have been assigned an 'ACER BBB' rating with a 'Stable' outlook by ACER Credit Rating. This reflects a healthy order book ensuring revenue visibility, experienced management, reputable government clientele, and adequate liquidity. Impact of future capital expenditure remains a key monitorable.