Credit Ratings

Credit Rating- Revision

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Alpex Solar LimitedALPEXSOLAR · Filed with the exchange

CRISIL Ratings has upgraded Alpex Solar Limited's long-term bank facilities rating to 'CRISIL BBB+/Stable' from 'CRISIL BBB/Positive'. The short-term rating also saw an upgrade to 'CRISIL A2' from 'CRISIL A3+'. These upgrades, covering Rs. 573 Crore in bank facilities, reflect the company's commitment to robust financial health and transparency.

The long-term outlook remains 'Stable'.

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