Transrail Lighting Limited — Credit Ratings, 04-08-2026: Credit Rating- Revision

India Ratings & Research has upgraded Transrail Lighting's long-term bank loan facilities to 'IND AA-' from 'IND A+', with a Stable Outlook. The short-term rating is affirmed at 'IND A1+'. This upgrade, for facilities worth INR 470 Cr, reflects expected sustained strong financials, robust cash flow, and comfortable liquidity despite planned capex. #CreditRating #TransrailLighting