NLC India Secures AAA Credit Rating with Stable Outlook for ₹1,000 Crore External Borrowing

NLC India Limited, a Navratna Government of India enterprise, has announced updated credit ratings for its financial instruments as of March 10, 2026. The ratings were issued by Acuite Ratings & Research Limited.

According to the disclosure, Acuite has assigned a new “ACUITE AAA” rating with a “Stable” outlook to the company’s External Commercial Borrowing amounting to ₹1,000 crore. The agency has also reaffirmed the “ACUITE AAA” rating with a “Stable” outlook for the company’s existing term loan of ₹950 crore.

The AAA rating represents the highest level of credit quality and indicates a very strong ability to meet financial commitments on time. It also reflects the lowest level of credit risk for lenders and investors. Such ratings are considered a positive sign for the company’s financial stability and borrowing capacity.

The announcement was made in compliance with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was authorized by Sushanta Kumar Panda, Company Secretary and Compliance Officer of NLC India Limited, ensuring transparency and timely information for investors and regulatory authorities.


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