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As on : 16-Sep-2026
Hot Pursuit
16-Sep-2026     12:47

India Ratings upgrades Welspun Global Brands' bank loan facilities to IND AA+/Stable

Welspun Living Ltd announced a revision in the credit rating of its material subsidiary, Welspun Global Brands Limited, as detailed in a filing to the BSE Limited and National Stock Exchange of India Limited. India Ratings and Research Private Limited (a Fitch Group company) has upgraded the rating on the Bank loan facilities amounting to INR 9,000 million from IND A1+ to IND AA+/Stable/IN D, with no change in the listing status and no enhancements, assignments, or withdrawals related to the instrument. The instrument type is a Debt Instrument, regulated by the Reserve Bank of India (RBI), and the rating action pertains specifically to the Bank loan facilities of INR 9,000 million.

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