29-Sept-2026 12:02:12
WELSPLSOLGeneral news
WELSPUN SPECIALTY SOLUTIONS : CARE ASSIGNS/REAFFIRMS RATING OF CARE AA-; STABLE, CARE A1+
• CARE assigns/reaffirms rating of (CARE AA-; Stable, CARE A1+) for the Company's Long Term/Short Term Bank Facilities and Commercial Paper (CARE A1+). • Ratings assigned to bank facilities and instruments of WSSL derive strength from its strategic importance to its parent, WCL. • WSSL's liquidity position is strong, supported by cash and liquid investments of around ₹155 crore as on March 31, 2026. • The stable outlook reflects that the rated entity is likely to maintain its market position. Impact: Neutral (Rating reaffirmation provides clarity on creditworthiness)
Welspun Specialty Solutions Ltd
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