JSW Infrastructure subsidiaries see positive credit rating revisions

JSW Infrastructure Limited announced that its subsidiary, South West Port Limited, has received an upgrade in its credit rating from Care Ratings Limited. The long-term/short-term bank facilities ($40.00 crore) and short-term bank facilities ($1.00 crore) were upgraded to CARE AA-; Stable/CARE A1+ and CARE A1+, respectively.

JSW Mangalore Container Terminal Private Limited saw its long-term/short-term bank facilities ($25.00 crore) and short-term bank facilities ($1.00 crore) upgraded to CARE AA-; Stable/CARE A1+ and CARE A1+, respectively. Additionally, the long-term bank facilities were withdrawn, as the company repaid $66.01 crore during the year.

Ennore Coal Terminal Private Limited also experienced an upgrade for its long-term/short-term bank facilities ($140.00 crore) to CARE AA; Stable/CARE A1+. JSW Infrastructure Limited itself saw an affirmation of its credit ratings, with long-term/short-term bank facilities ($480.00 crore) affirmed at CARE AA+; Stable/CARE A1+, short-term bank facilities ($20.00 crore) at CARE A1+, issuer rating at CARE AA+; Stable, and commercial paper ($1000.00 crore) at CARE A+. All announcements were made on September 5, 2025.