Avantel’s Acuité rating reaffirmed at A- (Stable) on ₹134.50 crore; same rating assigned on ₹124.44 crore
- Credit rating
- Defence Electronics
Avantel Limited has told the exchanges on 8 Oct 2026 that Acuité Ratings & Research, by mail of that date, reaffirmed its long-term rating of ACUITE A- and short-term rating of ACUITE A2+ on ₹134.50 crore of bank facilities, with a Stable outlook.
Acuité also assigned the same long-term and short-term ratings on a further ₹124.44 crore of bank facilities, again with a Stable outlook. That brings the rated facilities to about ₹259 crore.
Inference
The rating level is unchanged and has now been extended to a second block of facilities. The filing does not say what the new facilities will fund.
Reference: Original filing (PDF)
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