CRISIL revises Inox Wind's outlook to 'positive'
Inox Wind [BSE:INOXWIND] announced that CRISIL Ratings Limited has revised its outlook on the company's long-term bank facilities to "Positive" from "Stable." The rating agency reaffirmed the "CRISIL A" rating for these long-term facilities and the "CRISIL A1" rating for the company's short-term bank facilities. The revision reflects CRISIL's assessment of Inox Wind's improved financial risk profile and operational performance. The company disclosed this information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed rationale for the rating action is available on CRISIL's website.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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