India Ratings and Research (Ind-Ra) has revised the outlook on Avalon Technologies Limited’s bank loan facilities from Stable to Positive, while affirming the ratings. This revision reflects a stronger assessment of Avalon’s financial stability and growth potential. The rating update was officially released on January 29, 2026, providing investors with an updated perspective on the company’s creditworthiness. The details are available at https://www.indiaratings.co.in/pressrelease/81289.
Rating Update on Bank Loan Facilities
Avalon Technologies Limited has received an updated credit rating assessment from India Ratings and Research (Ind-Ra). The outlook on the company’s bank loan facilities has been revised from Stable to Positive. This indicates an improved expectation of the company’s ability to meet its financial obligations.
Key Rating Details
The ratings on the bank loan facilities, amounting to INR 1,415 million, were affirmed. The specific ratings assigned are IND A-/Positive/IND A1. The outlook revision to Positive suggests a greater likelihood of a rating upgrade in the near term, based on the rating agency’s assessment. This revised outlook considers the company’s current financial standing and future performance prospects.
Official Announcement Details
The official announcement of this rating action occurred on January 29, 2026, at 9:05 p.m. (IST). Further information and the full press release can be accessed at https://www.indiaratings.co.in/pressrelease/81289.
Source: BSE