NLC India Receives Rating Reaffirmation for ₹916 Crore Bank Facility

1 min read     Updated on 21 Mar 2026, 04:50 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

NLC India Limited announced that Infomerics Valuation and Rating Ltd has reaffirmed its IVR AAA/Stable rating for a long-term bank facility worth ₹916.00 crore. The IVR Triple A rating with stable outlook was maintained without any changes, reflecting the company's continued financial strength. This rating reaffirmation was disclosed to stock exchanges in compliance with SEBI LODR Regulations on March 21, 2026.

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NLC India Limited has received a rating reaffirmation from Infomerics Valuation and Rating Ltd, maintaining its strong credit profile for a significant bank facility. The Navratna public sector enterprise informed stock exchanges about this development as part of its regulatory disclosure obligations.

Rating Details

Infomerics Valuation and Rating Ltd conducted a comprehensive review and reaffirmed the company's existing ratings without any changes. The rating action demonstrates continued confidence in NLC India's financial strength and operational capabilities.

Parameter Details
Instrument Type Long Term Bank Facility (Term Loan)
Facility Amount ₹916.00 crore
Rating IVR AAA / Stable
Rating Description IVR Triple A with Stable Outlook
Rating Action Reaffirmed

Regulatory Compliance

The company communicated this rating reaffirmation to both major stock exchanges - the National Stock Exchange of India Ltd and BSE Ltd - in compliance with Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made on March 21, 2026, ensuring timely information sharing with investors and stakeholders.

Company Profile

NLC India Limited operates as a Navratna Government of India Enterprise with its registered office in Chennai and corporate office in Neyveli, Tamil Nadu. The company maintains its listing on stock exchanges under the scrip symbol NLCINDIA on NSE and scrip code 513683 on BSE. The rating reaffirmation reinforces the company's position as a financially stable public sector undertaking with strong creditworthiness in the market.

Historical Stock Returns for NLC India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.10%+3.27%+2.64%-3.27%+8.51%+453.53%

How will NLC India utilize the ₹916 crore term loan facility to expand its operations or fund new projects?

What impact could potential changes in government energy policy have on NLC India's future credit ratings?

Will NLC India seek additional debt financing in the coming quarters to support its growth initiatives?

NLC India Receives AAA Credit Rating from Acuite Ratings for ₹1950 Crore Facilities

1 min read     Updated on 10 Mar 2026, 11:34 PM
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AI Summary

NLC India Limited has received AAA credit ratings from Acuite Ratings & Research Limited for debt facilities worth ₹1950.00 crore. The rating agency assigned ACUITE AAA stable rating for ₹1000.00 crore External Commercial Borrowing and reaffirmed the same rating for ₹950.00 crore Term Loan. The AAA rating reflects the company's strong creditworthiness and lowest credit risk profile.

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NLC India Limited has received favorable credit rating updates from Acuite Ratings & Research Limited, with the rating agency assigning and reaffirming AAA ratings for the company's debt facilities. The Navratna public sector enterprise informed stock exchanges about this development on March 10, 2026, in compliance with Regulation 30 & 51 of SEBI listing obligations.

Credit Rating Details

Acuite Ratings & Research Limited has provided ratings for NLC India's debt instruments totaling ₹1950.00 crore across two categories:

Instrument Type Amount Rating/Outlook Rating Action
External Commercial Borrowing ₹1000.00 Crore ACUITE AAA Stable Assigned
Term Loan ₹950.00 Crore ACUITE AAA Stable Reaffirmed

The ACUITE AAA rating represents the highest credit quality with the lowest credit risk, indicating strong capacity for timely payment of financial obligations. The stable outlook suggests that the rating is unlikely to change in the near term.

Regulatory Compliance

The company has communicated this rating update to both major stock exchanges - the National Stock Exchange of India Limited and BSE Limited. NLC India trades on NSE under the symbol NLCINDIA and on BSE with scrip code 513683. The disclosure was made by Company Secretary & Compliance Officer Sushanta Kumar Panda as part of the company's regulatory obligations.

Company Background

NLC India Limited operates as a Navratna Government of India enterprise with its registered office in Chennai and corporate office in Neyveli, Tamil Nadu. The company maintains its corporate identity through its CIN L93090TN1956GOI003507 and continues to serve as a significant public sector undertaking in India's energy sector.

Historical Stock Returns for NLC India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.10%+3.27%+2.64%-3.27%+8.51%+453.53%

More News on NLC India

1 Year Returns:+8.51%