Corporate News     03-Oct-20
Sterling & Wilson Solar receives update on short term ratings
From Acuité Ratings & Research
Sterling & Wilson Solar announced that Acuité Ratings & Research has issued an update on short term ratings of the Company as per the details mentioned below:

Total Instruments Rated Rs. 200 crore
Short Term Rating ACUITE A1+ (Reaffirmed)
Total Instruments Rated Rs. 200 crore
Short Term Rating ACUITE A1+ (Withdrawn)

Acuité had assigned ACUITE A1+ for Rs. 400 Crore Commercial Paper (CP) Programme of the Company on 02 April 2020. The Company does not have any CP outstanding as on 28 September 2020 and does not intend to raise CP over Rs. 200 crore in the near to medium term. The rating is being withdrawn by Acuité at the Company's request and based on confirmations received as per Acuité's policy.

Previous News
  Sterling & Wilson Renewable Energy receives affirmation in credit ratings
 ( Corporate News - 06-Sep-24   16:05 )
  Sterling & Wilson Renewable Energy receives ratings for CP
 ( Corporate News - 05-Sep-23   18:42 )
  Sterling & Wilson Renewable Energy receives lenders approval for proposed resolution plan
 ( Corporate News - 11-Dec-23   09:42 )
  Sterling & Wilson Renewable Energy receives revision in LT issuer rating
 ( Corporate News - 05-Sep-23   18:36 )
  Sterling & Wilson Renewable Energy reports consolidated net loss of Rs 422.41 crore in the December 2021 quarter
 ( Results - Announcements 15-Feb-22   08:41 )
  Sterling & Wilson Renewable Energy bags country's largest battery energy storage project
 ( Corporate News - 26-Jul-24   09:29 )
  Sterling and Wilson Renewable Energy wins order worth Rs 2212 crore
 ( Corporate News - 12-Oct-22   19:50 )
  SWSOLAR Group signs MoU with Nigerian Govt.
 ( Corporate News - 23-Sep-22   09:40 )
  Reliance Industries to fund RNESL's acquisition of 40% stake in Sterling & Wilson Solar
 ( Corporate News - 11-Oct-21   09:21 )
  Sterling & Wilson Solar consolidated net profit declines 65.89% in the June 2020 quarter
 ( Results - Announcements 16-Sep-20   18:19 )
  Sterling & Wilson Solar consolidated net profit declines 70.74% in the September 2020 quarter
 ( Results - Announcements 13-Nov-20   08:06 )
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