CRISIL has removed its ‘Rating Watch with Developing Implications’ on Nuvoco Vistas’ long-term bank facilities and debt instruments. Consequently, CRISIL has reaffirmed the ratings at ‘Crisil AA/Crisil AA-‘ and assigned a ‘Stable’ outlook. The agency also reaffirmed the ‘Crisil A1+’ rating on the company’s short-term bank facilities and commercial paper program. The rating action was communicated via email on January 14, 2026.
CRISIL Rating Update
Nuvoco Vistas Corporation announced that CRISIL Ratings Limited has completed its review of the company’s ratings. Effective January 15, 2026, CRISIL has removed the ‘Rating Watch with Developing Implications’ that was previously in place.
Long-Term Ratings Reaffirmed
Following the review, CRISIL reaffirmed the long-term ratings for Nuvoco Vistas’ bank facilities and debt instruments at ‘Crisil AA/Crisil AA-‘. The outlook assigned to these ratings is ‘Stable’, indicating CRISIL’s assessment of the company’s ability to meet its financial obligations.
Short-Term Rating Confirmed
In addition to the long-term ratings, CRISIL has also reaffirmed the ‘Crisil A1+’ rating for Nuvoco Vistas’ short-term bank facilities and commercial paper programme. This rating reflects CRISIL’s view of the company’s high capacity for timely repayment of short-term debt obligations.
Source: BSE
