Sterlite Technologies subsidiary credit rating affirmed
Sterlite Technologies Limited (STL) has informed stock exchanges that its wholly-owned subsidiary, Sterlite Tech Cables Solutions Limited, has had its bank loan facilities affirmed by India Ratings and Research (Ind-Ra). The announcement, dated December 27, 2025, indicates the ratings are IND AA-/Stable/IND A1+.
The bank loan facilities, initially valued at INR3,380 million, have been reduced to INR3,080 million. The affirmation by Ind-Ra provides an updated assessment of the subsidiary's creditworthiness. The rationale for these ratings is publicly accessible via a press release on India Ratings' website.
mrunal asawadekar, company secretary & compliance officer of Sterlite Technologies Limited, confirmed the details in the regulatory filing to both the National Stock Exchange of India Limited and BSE Limited.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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