NLC India Limited announced that Acuite Ratings & Research Limited has reviewed its existing credit ratings. The External Commercial Borrowing of ₹1000.00 Crore received a new rating of ACUITE AAA (Stable). Furthermore, the existing Term Loan amounting to ₹950.00 Crore was Reaffirmed at ACUITE AAA (Stable), reflecting strong financial health as of March 10, 2026.
Credit Rating Review Announcement
In compliance with regulatory requirements, NLC India Limited has disclosed the latest credit rating review conducted by Acuite Ratings & Research Limited. The review focused on the company’s outstanding debt instruments, confirming the strong credit profile of the ‘Navratna’ enterprise as of the date of the announcement, March 10, 2026.
Rating Details for Borrowings
The rating agency provided distinct actions for the two primary borrowing instruments reviewed:
- External Commercial Borrowing: An amount of ₹1000.00 Crore was Assigned a rating of ACUITE AAA with a Stable Outlook.
- Term Loan: An existing facility of ₹950.00 Crore was Reaffirmed with the rating of ACUITE AAA and a Stable Outlook.
These ACUITE AAA (Stable) ratings across both major debt components signal the highest degree of safety regarding the timely servicing of financial obligations for NLC India Limited.
Source: BSE