PNC Infratech Limited has announced that Care Ratings Limited has reviewed its credit rating. Both long-term and short-term bank facilities have been placed on a Rating Watch with Negative Implications. The long-term facilities are rated at CARE AA+ (RWN), and short-term facilities at CARE A1+ (RWN). This action signifies potential future changes to the creditworthiness of the company.
Credit Rating Under Watch
PNC Infratech Limited has been notified by Care Ratings Limited regarding a review of its credit ratings. As detailed in a report received on September 22, 2026, the company’s banking facilities are now subject to a Rating Watch with Negative Implications. This signifies that the rating agency is closely monitoring specific factors that could potentially affect PNC Infratech’s credit profile.
Rating Details
The company’s Long-Term Bank Facilities, amounting to ₹1700.00 Crore, have been assigned a rating of CARE AA+ (RWN). Concurrently, the Short-Term Bank Facilities, totaling ₹5000.00 Crore, have been rated CARE A1+ (RWN). The inclusion of ‘(RWN)’ in the ratings indicates that these credit grades are under observation for potential future revisions, influenced by negative factors.
Source: BSE
