July, 31 2026 Friday 02:26 Hrs
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  • Commodity broking firm in India273.55( 0.35%) 30-Jul-2026
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Sensex 77928.15 273.55  (0.35) 30-Jul-2026
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Hot Pursuit - Detailed News

JSW Steel's Long-Term credit rating upgraded to AA+ by ICRA with a stable outlook
30-Jul-26   20:15 Hrs IST
JSW Steel Ltd announced that ICRA Limited has upgraded its Long-Term credit rating to [ICRA] AA+ with a stable outlook, previously [ICRA] ‘AA’ with a rating watch with positive implications. The upgrade applies to Long-Term Fund Based Term Loans/ Standby Letter of Credit Facilities, Long-Term/ Short -Term - Fund Based / Non-Fund Based Long-Term rating, Short-Term Fund Based / Non - Fund Based Facilities reaffirmed at [ICRA] A1+, and Non-Convertible Debentures, all previously rated [ICRA] ‘AA’ with a rating watch with positive implications. Additionally, ICRA reaffirmed the Commercial Paper rating at [ICRA] A1+ and upgraded the rating for INE019A07415, INE019A07423, INE019A08058, INE019A07464, and INE019A07456 Non-Convertible Debentures to [ICRA] ‘AA+’ Stable, with a stable outlook, marking an upgrade from the previous rating.
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