India ratings maintains Asian Energy Services' bank loan rating with developing implications

Asian Energy Services Limited announced on October 31, 2025, that India Ratings & Research Private Limited ("Ind-Ra") has maintained its rating on the company's bank loan facilities. The rating remains on "Rating Watch with Developing Implications," as communicated under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The bank loan facilities under review totaled INR 1,250 million. The rating assigned, along with the outlook/watch, is IND BBB/Rating Watch with Developing Implications / IND A3+/ Rating Watch with Developing Implications. Ind-Ra's rating action was to maintain the existing rating on "Rating Watch."

This intimation ensures transparency regarding the company's financial health and its adherence to regulatory disclosure requirements.