Crisil Ratings has assigned a ‘Crisil A/Stable’ rating to the long-term bank facilities of ACME Venus Urja Private Limited, a wholly-owned subsidiary of ACME Solar Holdings Limited. The total bank loan facilities rated amount to Rs. 4,072 Crore. This rating reflects Crisil’s assessment of the company’s creditworthiness and stability in meeting its long-term financial obligations.
Long-Term Rating Assigned
Crisil Ratings Limited has assigned a ‘Crisil A/Stable’ rating to the long-term bank facilities of ACME Venus Urja Private Limited. ACME Venus Urja is a wholly owned subsidiary of ACME Solar Holdings Limited.
Rated Facilities
The long-term bank loan facilities rated amount to Rs. 4,072 Crore. The rating assigned is Crisil A/Stable.
Rating Rationale
The rating rationale issued by Crisil is available at Crisil’s website.
Source: BSE
