Sterlite Tech Subsidiary's Bank Loans Rated IND AA-/Stable by India Ratings
Sterlite Technologies Limited has announced that its wholly owned subsidiary, Sterlite Tech Cables Solutions Limited, has had its bank loan facilities affirmed by India Ratings and Research (Ind-Ra). ...
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Why is Sterlite Technologies Limited in the news today?
Sterlite Technologies Limited (STLTECH) is in the news due to the announcement is a routine credit rating update for a subsidiary, which is a standard disclosure. the rating itself is stable, indicating no significant positive or negative news.
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Sterlite Tech Subsidiary's Bank Loans Rated IND AA-/Stable by India Ratings
December 27, 2025, 09:48 AM
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Sterlite Technologies Limited has announced that its wholly owned subsidiary, Sterlite Tech Cables Solutions Limited, has had its bank loan facilities affirmed by India Ratings and Research (Ind-Ra).
The rating assigned is IND AA- with a Stable outlook and IND A1+. The size of the issue for these bank loan facilities has been reduced to ₹3,080 million (₹308 crore) from ₹3,380 million (₹338 crore).
The rating rationale can be accessed on the India Ratings website.
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