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Brahmaputra Infrastructure Ltd’s bank facilities receive credit rating upgrade from CareEdge Ratings

02-Nov-26 14:19 Hrs IST

Brahmaputra Infrastructure Ltd announced an upgrade in credit ratings for its bank facilities by CARE Ratings Limited, now known as CareEdge Ratings, following a review of the company’s operational and financial performance for fiscal year 2026 (audited) and the first quarter of fiscal year 2027 (audited). Specifically, the rating agency upgraded the Long Term Bank Facilities to CARE BBB; Stable, previously CARE BBB-; Stable, and also upgraded the Long Term / Short Term Bank Facilities to CARE BBB; Stable / CARE A3+, previously CARE BBB-; Stable / CARE A3, for a total amount of Rs 229.84 Crore, with the reference number of the rating letter being CARE/NRO/RL/2026-27/2627 dated October 30, 2026, and the total amount rated remains at Rs 229.84 Crore.

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