Acuité Ratings Withdraws Credit Rating for Adani Enterprises Commercial Paper Facilities
Adani Enterprises Ltd has reported that Acuité Ratings & Research Limited has withdrawn the credit rating assigned to the company's Commercial paper facilities. This rating action was taken after the company requested the withdrawal, as there are no outstanding Commercial paper facilities under such rating.The rating action specifically affects the company's Commercial paper instruments.
The details of the withdrawn rating are as follows:
| Instrument Type | Size of Issue (Rs. in Core) | Rating Action |
|---|---|---|
| Commercial paper | 2000 | Rating withdrawn Withdrawn |
The company issued the statement detailing the withdrawal of the rating on May 29, 2026.
ADANIENT Stock Price Movement
As of 10:47 AM, shares of Adani Enterprises Limited are slipping by 0.89% in live trading, currently trading near ₹2946.7. The stock is seeing high activity, with 832,822 shares traded today as investors navigate the metal & mining sector.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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