Adani Enterprise has received rating action from ICRA as under:
| Instrument |
Amount (Rs crore) |
Rating |
Rating action |
| Non Convertible Debentures |
3,000 |
[ICRA]AA- (Stable) |
Assigned |
| Commercial Paper |
2,000 |
[ICRA]A1+ |
Assigned |
| Long Term – Fund Based – Term loan |
1,367 |
[ICRA]AA- (Stable) |
Assigned |
| Long Term/Short Term – Fund Based/Non Fund Based – Working capital and bank facilities |
14,893 |
[ICRA]AA- (Stable)/ [ICRA]A1+ |
Assigned |
| Short Term – Non Fund Based – Loan equivalent risk for hedging limit |
240 |
[ICRA]A1+ |
Assigned |