PSP Projects Credit Rating Revised: Long Term Facilities Reaffirmed, Short Term Downgraded
PSP Projects Limited has announced an update on its credit rating as per SEBI Listing Regulations. CARE Ratings Limited has reaffirmed the rating for the company's Long Term Bank Facilities of ₹155.00...
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Why is PSP Projects Limited in the news today?
PSP Projects Limited (PSPPROJECT) is in the news due to the company's long-term rating was reaffirmed, which is positive. however, there was a downgrade in short-term and combined long/short-term ratings, which carries a negative implication. therefore, the overall sentiment is neutral.
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PSP Projects Credit Rating Revised: Long Term Facilities Reaffirmed, Short Term Downgraded
December 23, 2025, 09:24 AM
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PSP Projects Limited has announced an update on its credit rating as per SEBI Listing Regulations. CARE Ratings Limited has reaffirmed the rating for the company's Long Term Bank Facilities of ₹155.00 Crore (reduced from ₹158.00 Crore) to 'CARE A+; Stable'.
However, the rating for Long Term / Short Term Bank Facilities amounting to ₹1,300.00 Crore has been downgraded from 'CARE A+; Stable / CARE A1+' to 'CARE A+; Stable / CARE A1'. Similarly, Short Term Bank Facilities of ₹92.00 Crore have been downgraded from 'CARE A1+' to 'CARE A1'. The total bank facilities stand at ₹1,547.00 Crore (Rupees One Thousand Five Hundred Forty-Seven Crore only).
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