Adani Ports Receives AAA/Stable Rating Upgrade from ICRA

Daily Current Affairs / Adani Ports Receives AAA/Stable Rating Upgrade from ICRA

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Category : Business and economics Published on: July 23 2024

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Adani Ports and Special Economic Zone (APSEZ) has been upgraded by rating agency ICRA to AAA/Stable from AA+/Stable.
This upgrade applies to APSEZ’s long-term fund-based and non-fund-based facilities, non-convertible debentures (NCDs), and commercial papers.
Following the announcement, Adani Ports shares closed at Rs 1,491.95 on the NSE on July 18.

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Adani Ports Receives AAA/Stable Rating Upgrade from ICRA