ACME Solar Holdings Limited announced that Crisil Ratings Limited has reaffirmed the credit rating for its wholly owned subsidiary, ACME Raisar Solar Energy Private Limited. The long-term rating of ‘Crisil AA-/Stable’ was maintained. Furthermore, the total bank loan facilities rated were enhanced from Rs. 890 Crore to Rs. 1,100 Crore, reflecting increased financing confidence in the subsidiary’s operations as of March 06, 2026.
Credit Rating Update for Subsidiary
ACME Solar Holdings Limited has officially informed the stock exchanges regarding the rating action concerning its wholly owned subsidiary, ACME Raisar Solar Energy Private Limited. The credit rating agency, Crisil Ratings Limited, has concluded its review process, resulting in a reaffirmation of the existing rating assigned to the subsidiary’s long-term bank facilities.
Rating Details and Enhancement
The rating action highlights continued stability in the subsidiary’s financial health and operational capacity. Key figures related to the rating review are as follows:
- Total Bank Loan Facilities Rated: Enhanced to Rs. 1,100 Crore (up from Rs. 890 Crore).
- Long Term Rating: Maintained at ‘Crisil AA-/Stable’ (Reaffirmed).
This enhancement in the total facilities amount, alongside the stable rating reaffirmation, signifies strong lender confidence in ACME Raisar Solar Energy Private Limited’s capabilities and performance outlook.
Disclosure Note
The company specified that this communication serves as a voluntary submission and should not be construed as a mandatory disclosure requirement under the prevailing regulations concerning listed entities as of March 06, 2026.
Source: BSE
