Rajesh Power Services Limited's credit rating has been upgraded by CRISIL.

The Long Term Rating improved to 'Crisil A-/Stable' from 'Crisil BBB+/Positive,' while the Short Term Rating moved from 'Crisil A2' to 'Crisil A2+.' CRISIL also rated enhanced total bank loan facilities of Rs. 263 Cr, up from Rs. 193 Cr.

This upgrade indicates a stronger financial profile and improved ability to service debt.

For shareholders, this signifies better financial health and potentially more favorable borrowing terms for the company's growth.