Vedanta Oil and Gas credit rating upgraded to 'AA+'
pre-market1 source ↓written by the desknot a recommendation
- of long-term bank
- ₹670 cr
- of bank facilities
- ₹330 cr
Shares of Vedanta Oil and Gas are in focus as CRISIL upgraded its long-term credit rating to 'AA+' from 'A+' with a Stable outlook. This upgrade applies to ₹670 cr of long-term bank facilities, reflecting improved clarity on the group's support framework post-demerger. The rating agency also migrated ₹330 cr of bank facilities to 'AA+/A1+'.
Not investment advice. For informational purposes only.