India Ratings and Research (Ind-Ra) has reaffirmed the credit ratings on the bank loan facilities of Avadh Sugar and Energy Limited, according to a regulatory filing.
The rating agency has affirmed the long-term bank facilities of the company at IND A+/Stable, covering a total amount of Rs 5,978.90 million, while the short-term bank facilities have been affirmed at IND A1, covering Rs 12,200 million. The aggregate rated facilities stand at Rs 18,178.90 million, reduced from Rs 18,372.70 million previously, according to the rating letter issued by Ind-Ra on May 8, 2026.
The rated facilities span a range of fund-based and non-fund-based working capital limits as well as term loans, spread across multiple lenders including State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, RBL Bank, Yes Bank, and DCB Bank. Term loans rated under the long-term IND A+/Stable category cover borrowings from ICICI Bank and RBL Bank, among others.
The reaffirmation was disclosed by Prashant Kapoor, Company Secretary of Avadh Sugar and Energy Limited, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Avadh Sugar and Energy Limited is part of the K.K. Birla Group of Sugar Companies, with its registered office in Hargaon, District Sitapur, Uttar Pradesh, and its corporate office in Kolkata.