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PNC Infratech's bank facilities receive credit rating upgrade from CARE Ratings
25-Sep-2026, 05:38
PNC Infratech Ltd announced that CARE Ratings Limited has reviewed and upgraded its credit rating on the company's bank facilities, specifically Long-Term Bank Facilities amounting to Rs 1700.00 crore, now carrying a CARE AA+ (RW) rating which continues to be on Rating Watch with Negative Implications, while Short-Term Bank Facilities of Rs 5000.00 crore have been reaffirmed and removed from Rating Watch with Negative Implications as CARE A1+. No other rating agencies are mentioned in the release, and there are no enhancements, assignments, or withdrawals related to any other instruments.
