AXISCADES Technologies' credit ratings reaffirmed by CARE Ratings

AXISCADES Technologies Limited announced on October 06, 2025, that CARE Ratings has reaffirmed its credit ratings for the company's bank borrowings. This reaffirmation pertains to an aggregate amount of Rs. 101 crore across various facilities.

Specifically, the long-term bank facilities have been reaffirmed at CARE A-; Stable (Single A Minus; Outlook: Stable). The long-term / short-term bank facilities have also seen their ratings reaffirmed at CARE A- / CARE A2+ (Single A Minus / A Two Plus).

The reconfirmed ratings reflect CARE Ratings' assessment of AXISCADES Technologies Limited's creditworthiness and financial stability. Sonal Dudani, company secretary & compliance officer, digitally signed the disclosure for AXISCADES Technologies Limited.