ITI Limited announced that Acuite Research and Ratings has upgraded its long-term and short-term credit ratings. The long-term rating for bank loan facilities has been upgraded to ACUITE BB (Stable). Additionally, a short-term rating of ACUITE A4+ has been assigned to certain bank loan ratings. The upgrades reflect a positive revision in the company’s credit risk assessment by Acuite Ratings.
Credit Rating Upgrade
Acuite Research and Ratings has upgraded ITI Limited’s credit ratings following a review and presentation to an appeal committee. The announcement, dated November 28, 2025, confirms the revised ratings.
Long-Term Rating
The long-term credit rating for bank loan facilities has been upgraded to ACUITE BB (Stable) from the previous rating. This upgrade applies to facilities totaling ₹1450.00 Crore.
Short-Term Rating
A short-term rating of ACUITE A4+ has been assigned to specific bank loan ratings amounting to ₹572.00 Crore. The short-term rating for other bank loan ratings totaling ₹2829.69 Crore has been upgraded to ACUITE A4+.
Details of Rated Bank Limits
The following table details the ratings assigned to various bank facilities:
| Instrument Type | Rated Amount (₹ Crore) | Long Term Rating | Short Term Rating |
|---|---|---|---|
| Bank Loan Ratings | 1450.00 | ACUITE BB Stable, Upgraded | – |
| Bank Loan Ratings | 572.00 | – | ACUITE A4+ Assigned |
| Bank Loan Ratings | 2829.69 | – | ACUITE A4+ Upgraded |
| Total | 4851.69 |
The total rated amount is ₹4851.69 Crore.
Source: BSE