Craftsman Automation credit rating reaffirmed and upgraded
after close1 source ↓written by the desknot a recommendation
- is effective
- 1 Apr 2026
Craftsman Automation Limited (CAL) announced the reaffirmation of its long-term rating at Crisil AA-/Stable and short-term rating at Crisil A1+. The upgrade for its subsidiary, Sunbeam Lightweighting Solutions Limited (SLSL), follows the planned merger with DR Axion India Limited, enhancing its business profile and balance sheet. This consolidation is effective from 1 Apr 2026.
Not investment advice. For informational purposes only.