Bharat Forge's ₹2,900 Cr Long-Term Facilities Reaffirmed at CARE AA+; Stable
Bharat Forge Limited announced that CARE Ratings has reaffirmed its ratings for the company's banking facilities. The long-term facilities, amounting to ₹2,900 crore, have been reaffirmed at CARE AA+ ...
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Why is Bharat Forge Limited in the news today?
Bharat Forge Limited (BHARATFORG) is in the news due to the announcement is a routine credit rating update. while the reaffirmation of ratings is positive, the withdrawal of rating for ncds introduces a neutral element. no significant positive or negative financial impact is immediately evident from this update alone.
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Bharat Forge's ₹2,900 Cr Long-Term Facilities Reaffirmed at CARE AA+; Stable
December 20, 2025, 10:15 AM
Bharat Forge Limited announced that CARE Ratings has reaffirmed its ratings for the company's banking facilities. The long-term facilities, amounting to ₹2,900 crore, have been reaffirmed at CARE AA+ with a stable outlook. Additionally, the short-term bank facilities, totaling ₹700 crore, have also been reaffirmed at CARE A1+.
However, CARE Ratings has withdrawn its rating for the company's Non-Convertible Debentures. The company has provided these details in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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