IRM Energy's bank facilities ratings reaffirmed by Crisil Ratings.

Long-term rating remains Crisil AA-, but the outlook has been upgraded from 'Negative' to 'Stable'. Short-term rating Crisil A1+ also reaffirmed.

This positive shift is due to expected sustained improvement in operating performance, strong demand, and a robust financial profile despite capital expenditure plans.

Total bank loan facilities rated Rs. 700 Cr.