Elpro International Ltd. Reaffirms Credit Rating
Elpro International Ltd. announced on April 2, 2026, that CARE Ratings Limited has reaffirmed its credit rating for the company's bank facilities. The rating action, detailed in a CARE Ratings press release dated April 2, 2026, reaffirms the existing rating initially issued on April 4, 2025.CARE Ratings has reaffirmed a CARE A-; Stable rating for the company’s long-term bank facilities. This rating signifies a strong creditworthiness and a stable outlook.
The details of the reaffirmed credit rating are as follows:
| Sr. No. | Credit Rating Agency | Instrument/ Facility | Rating | Rating Action |
|---|---|---|---|---|
| 1 | CARE Ratings Limited | Long Term Bank Facilities | CARE A-; Stable (A minus; Outlook: Stable) | Re-affirmed |
Further information regarding the rating can be found on the CARE Ratings website at [https://www.careratings.com/upload/...202604120454_Elpro_International_Limited.pdf). The information is also available on the company’s website at www.elpro.co.in.
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