ACME Solar Holdings Limited's Credit Rating Reaffirmed with Enhanced Amount by ICRA

Acme Solar Holdings Limited has announced an update regarding its credit rating, as assigned by ICRA Limited. The company's long-term, non-fund-based rating has been reaffirmed, with an enhancement in...

Acme Solar Holdings Limited has announced an update regarding its credit rating, as assigned by ICRA Limited. The company's long-term, non-fund-based rating has been reaffirmed, with an enhancement in the rated amount. Previously, the rated amount stood at ₹1,000 crore. Following the review, ICRA has reaffirmed the rating and enhanced the rated amount to ₹1,500 crore. The rating assigned is [ICRA]AA- (Stable). The detailed rating rationale provided by ICRA Limited is available for review on their official website.

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Why is Acme Solar Holdings Limited in the news today?

Acme Solar Holdings Limited (ACMESOLAR) is in the news due to the company's credit rating has been reaffirmed with an enhanced rated amount, indicating a positive assessment of its financial stability and creditworthiness by the rating agency.

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Acme Solar Holdings LimitedACMESOLARhttps://prysm.fi/v2/analyze/ACMESOLAR

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ACME Solar Holdings Limited's Credit Rating Reaffirmed with Enhanced Amount by ICRA

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Acme Solar Holdings Limited has announced an update regarding its credit rating, as assigned by ICRA Limited. The company's long-term, non-fund-based rating has been reaffirmed, with an enhancement in the rated amount.

Previously, the rated amount stood at ₹1,000 crore. Following the review, ICRA has reaffirmed the rating and enhanced the rated amount to ₹1,500 crore. The rating assigned is [ICRA]AA- (Stable).

The detailed rating rationale provided by ICRA Limited is available for review on their official website.

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