CRISIL reaffirms Skipper’s A+/Stable rating on bank facilities enhanced to ₹5,106 crore
- Credit rating
- Power Transmission
Skipper Limited has told the exchanges that Crisil Ratings Limited has reaffirmed the credit ratings on its bank facilities. The long-term rating is Crisil A+/Stable and the short-term rating is Crisil A1, and both are reaffirmed, so neither the ratings nor the stable outlook has changed. The disclosure was made on 16 Oct 2026 under Regulation 30 of the SEBI listing rules.
The rated bank facilities amount to ₹5,106 crore, enhanced from ₹4,621 crore, an increase of ₹485 crore. The filing is a short letter and does not include the agency’s rationale or any other detail.
Inference
A reaffirmation means the rating agency has reviewed the company and left its ratings unchanged. A rating such as A+ is the agency’s indication of how well a company can meet its debt obligations, and a stable outlook means the agency does not currently expect a change.
The larger facility size means more bank borrowing is now covered by the rating. The filing does not say whether the additional amount has been drawn or what it is for.
Reference: Original filing (PDF)
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