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CARE Ratings affirmed credit ratings for Rajputana Stainless Ltd.'s bank facilities totaling Rs 290.00
08-Sep-26   14:52 Hrs IST

Rajputana Stainless Ltd announced credit ratings under Regulation 30 of SEBI Listing Regulations, with CARE Ratings Limited assigning ratings of CARE A-: Stable/CARE A2+ to its long-term/short-term bank facilities amounting to Rs 130.00, and CARE A-; Stable to its long-term bank facilities totaling Rs 30.00, while also assigning CARE A+ to a Long Term Bank Loan; CARE Ratings Ltd. also assigned ratings of CARE A-; Stable / CARE A2+ to Long-term / Short-term bank facilities of Rs 130.00 and CARE A-; Stable to Long-term bank facilities of Rs 30.00, and CARE A- ; Stable to Fund-based - LT-Term Loan, Fund-based - LT/ ST-Cash Credit, and Non-fund-based - LT/ ST-Letter of Credit, each with amounts of Rs 30.00, Rs 70.00, and Rs 60.00 respectively, and CARE Ratings Limited (CareEdge Ratings) provided commentary expecting Rajputana Stainless Ltd. to benefit from experience and integrated operations to sustain its risk profile, referencing Corporate Bonds and Debentures, Commercial Papers, and Structured Credit as instruments rated by the agency.

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