Inox Green Energy outlook revised to "positive" by CRISIL

Inox Green Energy Services announced today that CRISIL Ratings Limited has revised the outlook on its long-term bank facilities to "Positive" from "Stable". At the same time, CRISIL has reaffirmed its “CRISIL A" rating on the Company's long-term bank facilities, as well as its “CRISIL A1" rating on the Company's short-term bank facilities. The revision in outlook reflects CRISIL's assessment of Inox Green Energy’s financial stability and growth potential. Further details on the rating rationale are available on CRISIL's website, as cited in the official release.