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Created: 2025-06-27 14:46:17 UTC

GMR Airports Ltd received an upgrade in credit ratings from CARE Ratings. The rating for Rupee-denominated Non-convertible Bonds (NCB) worth ₹6,500 Cr has been upgraded from 'CARE BBB+; Stable' to 'CARE A; Stable'. Further, the ratings for long-term and short-term bank facilities have been upgraded from 'CARE BBB+; Stable / Care A2' to 'CARE A; Stable / CARE A1'. ⬆️

- 𝗖𝗿𝗲𝗱𝗶𝘁 𝗥𝗮𝘁𝗶𝗻𝗴 𝗨𝗽𝗴𝗿𝗮𝗱𝗲:
  ▪ CARE Ratings upgraded the ratings.
  ▪ 𝗡𝗖𝗕 𝗥𝗮𝘁𝗶𝗻𝗴: Upgraded from 'CARE BBB+' to 'CARE A'.
  ▪ 𝗕𝗮𝗻𝗸 𝗙𝗮𝗰𝗶𝗹𝗶𝘁𝗶𝗲𝘀: Upgraded from 'CARE BBB+' to 'CARE A'.
- 𝗢𝘂𝘁𝗹𝗼𝗼𝗸: Stable for both ratings. 🛡️
- The company has informed this to the exchanges. 📃

📊 GMR AIRPORTS LTD | 🏷️ Credit Rating

🌐 Details:

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**Related Topics**
[bbb](/topic/bbb)
[gmr airports](/topic/gmr-airports)

[Post Link](https://x.com/wegro_app/status/1938609838478823433)