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India Ratings affirmed AAA/Stable ratings for NLC India Ltd’s bank loans and debentures
10-Aug-2026, 08:50
NLC India Ltd announced that India Ratings & Research Private Limited has reviewed and assigned an IND AAA/Stable rating to its bank loan facilities amounting to Rs 1,102 crore and affirmed the IND AAA/Stable rating for its non-convertible debentures totaling Rs 2,500 crore; the agency also affirmed the IND A1+ rating for commercial papers (CPs) of Rs 6,000 crore and reaffirmed the IND AAA/Stable and IND A1+ ratings for bank loan facilities of Rs 2,923 crore.