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Solarium Green Energy receives credit ratings from CARE Ratings, including Rs 10.00 for bank facilities
07-Aug-2026, 06:05
Solarium Green Energy Ltd announced credit rating actions from multiple agencies, including CARE Ratings Limited, CARE Ratings Ltd., and CareEdge Ratings. CARE Ratings Limited assigned a CARE BBB-; Stable / CARE A3 rating to Long Term / Short Term Bank Facilities amounting to Rs 10.00, reaffirmed a CARE BBB-; Stable/ CARE A3 rating to Long Term / Short Term Bank Facilities with an enhanced limit from Rs 47.00 to Rs 70.00, assigned a CARE A3 rating to Short Term Bank Facilities of Rs 13.00, and withdrew a Long Term Bank Facilities rating of Rs 0.00; additionally, CARE Ratings Ltd. reported ratings reflecting opinions as on the date of the rating, and noted that some bank facilities are under review due to a lack of cooperation from the issuer, while CareEdge Ratings indicated that ratings reflect opinions as on the date of the rating, with no specific instrument details provided.
Solarium Green Energy Ltd announced credit rating actions from multiple agencies, including CARE Ratings Limited, CARE Ratings Ltd., and CareEdge Ratings. CARE Ratings Limited assigned a CARE BBB-; Stable / CARE A3 rating to Long Term / Short Term Bank Facilities amounting to Rs 10.00, reaffirmed a CARE BBB-; Stable/ CARE A3 rating to Long Term / Short Term Bank Facilities with an enhanced limit from Rs 47.00 to Rs 70.00, assigned a CARE A3 rating to Short Term Bank Facilities of Rs 13.00, and withdrew a Long Term Bank Facilities rating of Rs 0.00; additionally, CARE Ratings Ltd. reported ratings reflecting opinions as on the date of the rating, and noted that some bank facilities are under review due to a lack of cooperation from the issuer, while CareEdge Ratings indicated that ratings reflect opinions as on the date of the rating, with no specific instrument details provided.