ACME Solar Holdings announced that its credit rating has been reaffirmed by ICRA Limited with an enhanced rated amount. The rating applies to long-term, non-fund-based instruments. The current rated amount has been increased to ₹1,500 crore from a previous rated amount of ₹1,000 crore. The credit rating agency’s rationale is available on their website.
Credit Rating Update
ACME Solar Holdings has received confirmation that its credit rating has been reaffirmed. This update follows an earlier intimation on October 01, 2025, regarding the rating assigned by ‘ICRA Limited’. The reaffirmed rating reflects an enhanced rated amount.
Revised Rated Amount
The credit rating applies to long-term, non-fund-based instruments. The current rated amount is now ₹1,500 crore, increased from the previous rated amount of ₹1,000 crore.
ICRA Rating Details
The rating action is [ICRA]AA- (Stable); reaffirmed/assigned. Further details on the rating rationale are available on the credit rating agency’s website.
Source: BSE
