CRISIL Assigns Ratings to Bank Facilities of GRE Renew Enertech Ltd
GRE Renew Enertech Ltd, a projects developer and EPC company specializing in LED Lighting, Solar Lighting, and Power Products, has received credit ratings from CRISIL Ratings Limited for its bank facilities. The rating action, which was an Initial Assignment, was completed by the agency on July 31, 2026.CRISIL Ratings Limited assigned both short-term and long-term ratings concerning the company's bank facilities amounting to ₹35.00 Crore.
The key details of the rating assignment are provided below:
| Parameter | Details |
|---|---|
| Credit Rating Agency | CRISIL Ratings Limited |
| Total Bank Facilities Rated | ₹35.00 Crore |
| Long-term Rating | CRISIL BBB-/Stable |
| Short-term Rating | CRISIL A3 |
| Date of Rating | July 31, 2026 |
The rating rationale issued by CRISIL Ratings Limited on July 31, 2026, provides further information regarding the assignment. GRE Renew Enertech Ltd is a manufacturer of LED Lighting, Solar Lighting, and Power Products.
Stock Price Movement
As of the market close on Friday, GRE Renew Enertech Ltd shares plummeted 4.19%, settling at ₹170.20. The stock traded within a range, moving between an intraday low of ₹168.80 and a high of ₹175.00.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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