JSW Infrastructure Limited announced that its subsidiary, JSW Jaigarh Port Limited, has received a credit rating upgrade from Care Ratings Limited. The long-term rating was upgraded to CARE AA+ (Stable) from CARE AA (Stable), signifying enhanced financial strength and stability for the port operations.
Credit Rating Enhancement for Subsidiary
JSW Infrastructure Limited has disclosed a significant credit rating upgrade for one of its key subsidiaries, JSW Jaigarh Port Limited. The revision, communicated by Care Ratings Limited on September 22, 2026, marks a positive development for the subsidiary’s financial standing.
Rating Details and Impact
Specifically, the long-term bank facilities of JSW Jaigarh Port Limited, amounting to ₹135.00 crore, have seen their credit rating upgraded to CARE AA+; Stable. Previously, the rating stood at CARE AA; Stable. This upgrade suggests an improved capacity of the subsidiary to meet its financial obligations.
In addition to the upgrade for the long-term facilities, the rating for long-term bank facilities totalling ₹600.00 crore has also been upgraded from CARE AA; Stable. The short-term bank facilities, valued at ₹10.00 crore, have been re-affirmed at CARE A1+, indicating continued strong short-term creditworthiness.
The press release detailing this rating action is available via a provided link, highlighting the transparency and diligence in JSW Infrastructure’s reporting. This enhancement in credit rating is expected to potentially lead to more favorable borrowing terms and overall financial flexibility for JSW Jaigarh Port Limited.
Source: BSE
