Kalpataru Projects International Limited received rating upgrades from India Ratings & Research Private Limited on July 3, 2026. Long-term bank loan ratings improved to IND AA+/Stable, while short-term ratings remained affirmed at IND A1+.
New bank loan facilities were assigned ratings of IND AA+/Stable for long-term instruments and IND A1+ for short-term instruments, with the upgrades verified on July 3, 2026. The current bank loan ratings were upgraded from their previous status to the new IND AA+/Stable designation for long-term exposure.
Non-convertible debentures received an upgrade to IND AA+/Stable across both current and proposed instruments. Two existing NCD ISINs, INE220B08134 and INE220B08142, were upgraded to IND AA+/Stable with stable outlook as of July 3, 2026.
The rating upgrade applies to a future NCD issuance of Rs 100 crore. The Commercial Paper facility remains affirmed at IND A1+ under the rating actions. India Ratings & Research Private Limited implemented these rating actions under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
The official press release was dated July 3, 2026, and the Company received it at approximately 5:35 p.m. (IST) on the same date. The rating verification status shows IND AA+/Stable with stable outlook, upgraded from previous ratings as of July 3, 2026.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.