CARE Assigns 'AA-' Rating With Stable Outlook To NCDs Of Adani Enterprises

By BasisPoint Insight

June 20, 2025 at 9:12 AM IST

Adani Enterprises Ltd. on Thursday said CARE Ratings has assigned an 'AA-' rating with a stable outlook to its ₹20 billion non-convertible debentures. 

The rating agency also reaffirmed the 'AA-' rating on existing ₹10 billion NCDs and the 'A1+' rating on ₹20 billion worth of commercial papers, the company said in an exchange filing.