Avalon Technologies Limited — Credit Ratings, 19-08-2026: Credit Rating- Others

India Ratings and Research (Ind-Ra) affirmed Avalon Technologies' bank loan facilities, totaling ₹141.5 Crore, at 'IND A-'/Positive/'IND A1'. Following this affirmation, the ratings were withdrawn by Ind-Ra at the company's request. This update provides clarity on the status of the previously rated instruments.