INOX Wind Limited has announced the voluntary withdrawal of its credit ratings assigned by CRISIL. This decision was made after obtaining the necessary consent from its lenders. The company continues to hold credit ratings from other agencies, with its long-term banking facilities rated ‘AA-‘ and short-term facilities at ‘A1+’.
Credit Rating Update from INOX Wind
INOX Wind Limited has officially informed stakeholders about the voluntary withdrawal of credit ratings previously assigned by CRISIL. This action was undertaken following the acquisition of the requisite consent from the company’s lenders. The announcement, dated 17th June, 2026, details the company’s strategic decision regarding its credit assessment by CRISIL.
Continued Credit Assessment
Despite the withdrawal of CRISIL ratings, INOX Wind Limited emphasizes that it continues to maintain credit ratings from multiple other recognized credit rating agencies for its borrowing facilities. The company’s long-term banking facilities are currently rated ‘AA-‘. Furthermore, its short-term banking facilities have received a rating of ‘A1+’, which is recognized as the highest possible rating for such facilities.
Further Information
A link to the official communication from CRISIL regarding the withdrawal has been provided for further reference: CRISIL Letter Link.
The company requests that this information be taken on record.
Source: BSE
