Hot Pursuit

22-Sep-2026, 08:04

SEAMEC Ltd has announced a revision of its credit ratings by CRISIL Ratings (CRISIL), removing both ratings from ‘Rating Watch with Developing Implications’ and reaffirming them. Specifically, the Long Term Rating has been revised to Crisil A+/ Stable, while the Short Term Rating remains Crisil A1; these ratings pertain to bank facilities totaling Rs. 863 Crore. CRISIL has reaffirmed the Long Term Rating of Crisil A+/ Stable and the Short Term Rating of Crisil A1, with both previously being under ‘Rating Watch with Developing Implications’. No other rating agencies are mentioned in the disclosure, and no assignments, withdrawals, or enhancements were noted beyond the removal from the watch status for both instruments.