BSECompany Update1 Aug 2026 · 1 Aug 2026, 01:54 pm
Intimation of Rating Rationale by CRISIL Ratings Limited - Bank Debt
GRE Renew Enertech Ltd · 544682
✦ AI SummaryRating Change
GRE Renew Enertech Ltd has been assigned a credit rating of CRISIL BBB-/Stable (Assigned) and CRISIL A3 (Assigned) by CRISIL Ratings Limited for its bank facilities of ₹35.00 Crore. The ratings were assigned on July 31, 2026.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
GRE Renew Enertech Ltd - 544682 - Announcement under Regulation 30 (LODR)-Credit Rating
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August 1, 2026
BSE Limited
Listing & Compliance Department
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai, 400001,
Maharashtra, India
Company Symbol : GRERENEW
Company Scrip Code : 544682
Company ISIN : INE0U8P01015
Subject : Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Assignment of Credit Rating by CRISIL Ratings
Limited
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended, we hereby inform you that CRISIL Ratings Limited has
assigned the following credit ratings to the bank facilities of the Company:
Particulars Details
Credit Rating Agency CRISIL Ratings Limited
Rating Action Initial Assignment
Total Bank Facilities Rated ₹35.00 Crore
Long-term Rating CRISIL BBB-/Stable (Assigned)
Short-term Rating CRISIL A3 (Assigned)
Date of Rating July 31, 2026
A copy of the Rating Rationale dated July 31, 2026 issued by CRISIL Ratings Limited is enclosed
herewith as Annexure – A for your information and record. The same is also available on the website
of CRISIL Ratings Limited at:
https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/GRERenewEnertech
Limited_July%2031_%202026_RR_398722.html
The above information is also being made available on the website of the Company at
www.greindia.com.
This is for your information and record.
Thanking you.
Yours Faithfully,
For GRE Renew Enertech Limited
(Formally Known as GRE Renew Enertech Private Limited)
Mr. Kamleshkumar D Patel
Managing Director
DIN:02061331
Place: Mehsana
Annexure A