CLN Energy Ltd announced that CARE Ratings Limited has revised the ratings on its bank facilities, upgrading the Long Term / Short Term Bank Facilities from CARE BBB-; Stable / CARE A3 to CARE BBB; Stable / CARE A3+, impacting a total of 55.00, comprised of Fund Based Limits - HDFC Bank Ltd amounting to 40.00 and Fund Based Limits - ICICI Bank Ltd amounting to 15.00, with the revision disclosed under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015; CARE Ratings Ltd. also noted that the rating may be revised/reaffirmed/withdrawn based on periodic review and is subject to continuous monitoring, while CareEdge Ratings indicated that their ratings reflect opinions as on the date of the rating, and no rating data was available from other agencies.
