India Ratings Withdraws Credit Rating for Waaree Renewable Technologies Ltd's Bank Loans
Waaree Renewable Technologies Limited has been informed that India Ratings & Research Private Limited has withdrawn the credit rating assigned to its bank loan facilities. The details of this rating action relate to the company's banking exposure amounting to INR 258 million.India Ratings withdrew the rating for the specified facility, according to information received by Waaree Renewable Technologies Limited on July 10, 2026.
The withdrawal concerns Bank Loan Facilities extended to the company. The details of the instrument and the rating status are summarized below:
| Facility | Amount (in Millions) | Rating Action |
|---|---|---|
| Bank Loan Facilities | INR 258.00 | Withdrawn |
The credit rating for the bank loan facilities was assigned a 'WD' status, indicating that the ratings had been withdrawn by India Ratings & Research Private Limited. The company has also specified the financial details of the instrument.
A detailed report concerning the credit rating rationale is available publicly on the agency’s website.
WAAREERTL Stock Price Movement
Shares of Waaree Renewable Technologies Limited are rallying as of 2:41 PM, climbing by 2.31% in live trading and reaching ₹1012.5 today. The stock saw significant market interest, with a total traded volume of 144,066 shares recorded so far this session.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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