Wockhardt Limited — Credit Ratings, 21-05-2026: Credit Rating

ICRA has upgraded Wockhardt's long-term credit rating to A- (Stable) from BBB (Positive) and short-term rating to A2+ from A3+ for various credit facilities. This upgrade reflects improved financial performance, a healthy market position in Indian and European markets, enhanced liquidity, and a comfortable capital structure, driven by scale expansion of value-accretive products.