TD Power Systems Credit Rating Upgraded by CRISIL to AA-/Stable

BANKINGFINANCE

CRISIL has upgraded TD Power Systems' long-term credit rating to 'AA-/Stable' and short-term rating to 'A1+'. This upgrade reflects an improved credit risk profile and applies to ₹488 crore in total bank facilities.

TD Power Systems Credit Rating Upgraded by CRISIL

CRISIL has upgraded TD Power Systems Ltd's long-term credit rating to 'AA-/Stable' and short-term rating to 'A1+'. The total bank facilities rated stand at ₹488 crore.

Reader Takeaway: Improved credit profile is positive; watch for lower debt costs.

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