BSECompany Update4d ago · 1 Sept 2026, 05:07 pm
Reaffirmation and upgrade of Credit Rating - O2 Companies
JSW Energy Ltd · 533148
✦ AI Summary▲ PositiveRating Change
JSW Energy Ltd's step-down subsidiaries have had their long-term bank facility ratings reaffirmed and upgraded by CARE, with five subsidiaries seeing an upgrade to CARE A+ with a stable outlook.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment8/10
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JSW Energy Ltd - 533148 - Reaffirmation And Upgrade Of Credit Rating - O2 Companies
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Energy Limited
Regd. Office: JSW Centre,
Bandra Kurla Complex,
Bandra (East), Mumbai – 400 051,
CIN: L74999MH1994PLC077041
Phone: 022-4286 1000
Fax: 022-4286 3000
Website: www.jsw.in
SEC / JSWEL
1st September 2026
BSE Limited National Stock Exchange
Phiroze Jeejeebhoy Towers Exchange Plaza
Dalal Street Bandra-Kurla Complex, Bandra (E)
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 533148 Symbol: JSWENERGY – EQ
Sub: Reaffirmation and upgrade of Credit Rating - O2 Companies
Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015
Dear Madam / Sir,
We wish to inform you that Care Ratings Limited (CARE), vide its release dated
31st August 2026, has reaffirmed and upgraded the ratings for the long-term bank facilities of
the following step-down subsidiaries of the Company:
Sr. No. Name of the Company Rating Rating Action
1 ES Sun Power Private Limited CARE A+; Stable Reaffirmed
2 ES Energy Private Limited CARE A+; Stable Reaffirmed
3 ES Solar Private Limited CARE A+; Stable Reaffirmed
4 O2 Renewable Energy II Private Limited CARE A+; Stable Reaffirmed
5 O2 Renewable Energy XII Private CARE A+; Stable Upgraded
Limited
6 O2 Renewable Energy XV Private CARE A+; Stable Upgraded
Limited
The Press Release in this regard is available on their website www.careratings.com
Yours faithfully,
For JSW Energy Limited
Monica Chopra
Company Secretary
Part of O.P. Jindal Group