Adani Ports maintains strong credit ratings

Adani Ports and Special Economic Zone Limited (APSEZ) announced that CRISIL Ratings Limited has reaffirmed its credit ratings for the company's various facilities. This update highlights the company's stable financial health.

Bank facilities, with an issue size of Rs. 10,020 Crore, have been reaffirmed with a CRISIL AAA/Stable rating. Similarly, non-convertible debentures, totaling Rs. 17,252 Crore, also received a reaffirmed CRISIL AAA/Stable rating.

Additionally, commercial paper, amounting to Rs. 6,700 Crore, had its rating reaffirmed as CRISIL A1+. All ratings indicate a "Reaffirmed" action by CRISIL Ratings Limited.