Ashoka Buildcon Limited has announced a significant update regarding its credit ratings from ACUITE Ratings & Research. Both the long-term and short-term debt ratings have been reaffirmed, with the long-term rating set at ‘ACUITE AA (Stable)’ and the short-term rating at ‘ACUITE A1+’. Importantly, both ratings have been ‘Removed from Rating Watch,’ signifying a stabilized outlook for the company’s debt instruments as of February 25, 2026.
Key Credit Rating Reaffirmation
Ashoka Buildcon Limited issued an official update on February 25, 2026, detailing the recent actions taken by the rating agency ACUITE Ratings & Research Limited concerning its debt instruments.
Debt Rating Outcomes
The rating agency has finalized its review for both the long-term and short-term debt facilities provided by Ashoka Buildcon. The results are as follows:
- Long-Term Debt Rating: Reaffirmed at ‘ACUITE AA (Stable)’.
- Short-Term Debt Rating: Reaffirmed at ‘ACUITE A1+’.
Rating Watch Removal
A key highlight of the update is the removal of the previous ‘Rating Watch’ status for both rating categories. This action signifies that the uncertainty that led to the initial watch has been resolved, confirming a stable outlook. The specific rating descriptions include:
- The long-term debt rating was updated to ‘ACUITE AA (Stable) (Reaffirmed) – ‘Removed from Rating Watch’.
- The short-term debt rating was updated to ‘ACUITE A1+ (Reaffirmed) ‘Removed from Rating Watch’.
Scrip Details
The announcement confirms the relevant identifiers for investors tracking the company’s listed instruments:
Equity Scrip Code: 533271
Scrip Symbol: ASHOKA
Source: BSE
