Anant Raj bank facilities upgraded to CRISIL BBB/Positive

Anant Raj Limited received a revised rating for its bank facilities from CRISIL Ratings Limited, effective September 24, 2025. The company's long term bank facilities, totaling INR 480 crore, now carry a CRISIL BBB/Positive rating, with the outlook revised from 'Stable' to 'Positive' and the rating reaffirmed. Previously, these facilities were rated IVR BBB/Stable by Infomerics Valuation and Rating Private Limited.

For short term bank facilities, CRISIL has reaffirmed the rating at CRISIL A3+. This update follows an earlier intimation on October 17, 2024, regarding ratings assigned by Infomerics Valuation and Rating Private Limited, which had rated them IVR A3+.

The revised ratings cover various facilities, including bank guarantees, cash credit/overdraft facilities, proposed long term bank loan facilities, and term loans.