CRISIL Ratings has revised its outlook on Anant Raj Limited’s long-term bank facilities to Positive from Stable, while reaffirming the CRISIL BBB rating. The CRISIL A3+ rating for short-term bank facilities has also been reaffirmed. This revision reflects CRISIL’s updated assessment of the company’s creditworthiness and financial stability, based on recent data and performance.
CRISIL Rating Update
Anant Raj Limited has received an updated credit rating assessment from CRISIL Ratings, resulting in a revised outlook for its long-term and short-term bank facilities. The official announcement was made on September 24, 2025.
Long-Term Bank Facilities
The outlook on the long-term bank facilities has been revised from Stable to Positive, with the rating reaffirmed at CRISIL BBB. This indicates CRISIL’s improved confidence in Anant Raj Limited’s ability to meet its long-term financial obligations.
Short-Term Bank Facilities
The short-term bank facilities rating has been reaffirmed at CRISIL A3+. This rating reflects CRISIL’s assessment of the company’s capacity to meet its short-term financial commitments.
Rated Bank Facilities
The total bank loan facilities rated amount to Rs. 480 Crore. This includes Bank Guarantees, Cash Credit/Overdraft facilities, a Proposed Long Term Bank Loan Facility, and Term Loans. The ratings for specific facilities are as follows:
- Bank Guarantee (State Bank of India): Crisil A3+
- Cash Credit / Overdraft facility (ICICI Bank Limited): Crisil BBB/Positive
- Cash Credit / Overdraft facility (State Bank of India): Crisil BBB/Positive
- Proposed Long Term Bank Loan Facility: Crisil BBB/Positive
- Term Loan (State Bank of India): Crisil BBB/Positive
Source: BSE
