Care Ratings Limited has upgraded the credit rating on the long-term bank facilities of PNC Infratech’s subsidiary, Yamuna Highways Private Limited. The rating has been upgraded to CARE AA; Positive from CARE A; Stable. The amount related to this rating is ₹472.25 Crore. This upgrade reflects Care Ratings’ recent report assessment.
Rating Upgrade Details
PNC Infratech announced that Care Ratings Limited has upgraded the credit rating for the long-term bank facilities of its subsidiary, Yamuna Highways Private Limited. The announcement was made on September 26, 2025.
Revised Rating and Amount
The credit rating has been upgraded to CARE AA; Positive from its previous rating of CARE A; Stable. This upgrade applies to the total amount of ₹472.25 Crore in long-term bank facilities held by Yamuna Highways Private Limited.
Subsidiary Focus
Yamuna Highways Private Limited is a subsidiary of PNC Infratech, focusing on long-term bank facilities related to highway infrastructure projects. This rating upgrade reflects improved financial stability and performance of the subsidiary.
Source: BSE
