NLC India Limited announced that the credit rating agency Infomerics Valuation and Rating Ltd. has reviewed and reaffirmed its assessment of the company’s long-term bank facility. The facility, totaling ₹916.00 crore, received a reaffirmed rating of IVR AAA / Stable (IVR Triple A with Stable Outlook). This positive confirmation, announced on March 21, 2026, reflects the strong credit profile and stability of NLC India’s long-term debt instruments.
Credit Rating Update Confirmed
NLC India Limited has formally communicated an update regarding its external credit rating status as required under applicable listing regulations. The review was conducted by the agency Infomerics Valuation and Rating Ltd.
Details of Reaffirmed Rating
The rating action pertains to the company’s Long Term Bank Facility (Term Loan). The total outstanding amount covered under this facility is ₹916.00 crore.
The reaffirmed rating assigned is IVR AAA / Stable. This is further clarified as (IVR Triple A with Stable Outlook), indicating the highest degree of safety regarding the timely servicing of financial obligations.
The rating action taken by the agency was a Reaffirmed status for this instrument, as noted on the date of the announcement, March 21, 2026.
Source: BSE
