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Transrail Lighting Ltd’s bank loan facilities received an upgrade to IND AA-/Stable from India Ratings

04-Aug-26   18:57 Hrs IST
Transrail Lighting Ltd announced credit rating actions from multiple agencies, including an upgrade notification under Regulation 30 of SEBI Listing Regulations, with specific details currently unavailable. India Ratings & Research affirmed the short-term rating of IND A1+ and upgraded the long-term rating of bank loan facilities amounting to 4,700 crore to IND AA-/Stable, with a previous rating of IND A+/Positive and IND A+/Stable also for bank loan facilities of 4,700 crore; India Ratings and Research (Ind-Ra) also upgraded the long-term rating of bank loan facilities of 4,700 crore to IND AA-/Stable/IND A1+ while reaffirming the rating of 500 crore for bank loan facilities at BBB+ (Stable) following a review of financial performance and industry outlook, and India Ratings provided no rating data.

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