ICRA has reaffirmed the credit ratings for Vedanta Limited, specifically ICRA AA / Watch Developing/ ICRA A1+. The ratings affirmation comes as Vedanta proceeds with its ongoing demerger into separate standalone entities. ICRA has noted the demerger process and its potential impacts, stating that the ratings will remain the same. ICRA will continue to monitor the situation closely, taking appropriate action as necessary, and has published a detailed rationale available online.
Credit Ratings Maintained
Vedanta Limited has announced that ICRA has reaffirmed its credit ratings at ICRA AA / Watch Developing/ ICRA A1+. This decision was communicated in a release published around 4:00 PM IST on January 2, 2026.
Impact of Demerger on Ratings
ICRA has acknowledged the ongoing demerger of Vedanta Limited’s businesses into separate listed entities. The reaffirmation indicates that, at this stage, ICRA believes the demerger does not warrant a change in the company’s credit profile. ICRA will continue to monitor the progress of the demerger and its implications. The detailed rationale for the ratings affirmation is accessible through the provided link.
Source: BSE
