Vikram Solar Limited's Credit Rating Upgraded by India Ratings
Vikram Solar Limited has announced an upgrade in its credit ratings by India Ratings and Research Private Limited. The upgrade applies to both the Long-Term Bank Facilities and Short-Term Bank Facilit...
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Why is Vikram Solar Limited in the news today?
Vikram Solar Limited (VIKRAMSOLR) is in the news due to the credit rating upgrade indicates improved financial health and creditworthiness of the company, which is a positive development.
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Vikram Solar Limited's Credit Rating Upgraded by India Ratings
December 19, 2025, 10:43 AM
Vikram Solar Limited has announced an upgrade in its credit ratings by India Ratings and Research Private Limited. The upgrade applies to both the Long-Term Bank Facilities and Short-Term Bank Facilities for credit facilities totaling ₹2700 Crores.
The revised Long-Term Bank Facilities rating has been upgraded from ‘IND A’ Stable to ‘IND A+’ Stable. The Short-Term Bank Facilities rating has been upgraded from ‘IND A1’ to ‘IND A1+’.
This disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details of the revised credit rating are also available on India Ratings' website.
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