Solarium Green Energy Ltd — Important, 07-08-2026: Company Update
07-08-2026 | 04:54 pm
07-08-2026 | 04:54 pm
Solarium Green Energy Limited has announced an update to its credit ratings for various bank facilities. New long-term/short-term facilities totaling 10 Cr were assigned 'CARE BBB-; Stable / CARE A3'. Existing long-term/short-term facilities, which were enhanced to 70 Cr from 47 Cr, were reaffirmed at 'CARE BBB-; Stable / CARE A3'. Additionally, new short-term bank facilities of 13 Cr received a 'CARE A3' rating. Long-term bank facilities of 0 Cr were withdrawn. These revised ratings reflect the company's recent operational and financial performance, indicating stability for its funding profile. Investors should understand that ratings are an opinion on timely payment, not an endorsement to buy or sell.
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