NSECredit Rating5d ago · 14 Aug 2026, 05:34 pm
Credit Rating
Aditya Vision Limited · AVL
✦ AI SummaryRating Change
Aditya Vision Limited has informed the Exchange about Credit Rating assigned by CARE Ratings Limited. The company has been assigned a long-term bank facility rating of CARE A+ with a stable outlook, and a short-term bank facility rating of CARE A1.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Aditya Vision Limited has informed the Exchange about Credit Rating
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ADITYA VISION
Aditya Limited
Building relationship through trust Vision ..स.ं बंध भरोसे क ा !
ADITYA VISION ZIE CIN: L32109BR1999PLC008783 | GSTIN: 10AAECA0801E1ZS
A 3SE &ONSE Listed Company
Date-August 14, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza
Dalal Street Bandra Kurla Complex, Bandra (East)
Mumbai-400001 Mumbai-400051
Scrip Code: 540205 Symbol-AVL
Sub: Intimation regarding Credit Rating of the Company
Dear Sir/Ma'am
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we wish to inform you that CARE Ratings Limited, a Credit Rating Agency,
vide its letter dated August 13, 2026, has assigned the following Credit ratings:-
Facilities Amount Rating Rating Action
( crore)
Long Term Bank Facilities 315.00 CARE A+; Stable Assigned
Long Term / Short Term 75.00 CARE A+; Stable / CARE A1 Assigned
Bank Facilities
Short Term Bank Facilities 110.00 CARE A1 Assigned
The rating letter received from CARE Ratings Limited is enclosed herewith.
This is for your information and record.
Thanking You
For Aditya Vision Limited
Akanksha Arya
Company Secretary
200 +91-612-2520854 Aditya House
+91-612-2520674
headoffice@adityavision.in www.adityavision.in M-20, Road No. 26, S.K nagar
Patna, Bihar- 800 001 INDIA
No. CARE/KRO/RL/2026-27/1186
Shri Yashovardhan Sinha
Managing Director
Aditya Vision Limited
First Floor Second Floor and Third Floor
Aditya House M-20 Road No 26 S K Nagar
Patna
Bihar 800001
August 13, 2026
Confidential
Dear Sir,
Credit rating for bank facilities
Please refer to your request for rating the bank facilities of your Company
2. The following ratings have been assigned by our Rating Committee:
Amount
Facilities Rating1 Rating Action
(₹ crore)
Long Term Bank
315.00 CARE A+; Stable Assigned
Facilities
Long Term / Short CARE A+; Stable / CARE
75.00 Assigned
Term Bank Facilities A1
Short Term Bank
110.00 CARE A1 Assigned
Facilities
3. Refer Annexure 1 for details of rated facilities.
4. The above rating is normally valid for a period of one year from the date of our initial communication of rating
to you (that is July 14, 2026).
5. The rating report for the rating will be communicated to you separately. A write-up (press release) on the
above rating is proposed to be issued to the press shortly, a draft of which will be sent separately. We request
you to peruse the document and offer your comments if any. We are doing this as a matter of courtesy to our
clients and with a view to ensure that no factual inaccuracies have inadvertently crept in. Kindly revert as early
as possible. In any case, if we do not hear from you by August 14, 2026 we will proceed on the basis that you
have no comments to offer.
1Complete definitions of the ratings assigned are available at www.careratings.com and in other CARE Ratings Ltd.’s publications.
CARE Ratings Limited
Unit No A / 7 / 4, 7th Floor, Block A, Apeejay House, Corporate Office :4th Floor, Godrej Coliseum,
15 Park Street, Kolkata – 700 016 Somaiya Hospital Road, Off Eastern Express
Phone: +91-33-40181600 Highway, Sion (E), Mumbai - 400 022
Phone: +91-22-6754 3456 • www.careedge.in
CIN-L67190MH1993PLC071691
Page 1 of 4
6. CARE Ratings Ltd. reserves the right to undertake a surveillance/review of the rating from time to time, based
on circumstances warranting such review, subject to at least one such review/surveillance every year.
7. CARE Ratings Ltd. reserves the right to revise/reaffirm/withdraw the rating assigned as also revise the outlook,
as a result of periodic review/surveillance, based on any event or information which in the opinion of CARE
Ratings Ltd. warrants such an action. In the event of failure on the part of the entity to furnish such
information, material or clarifications as may be required by CARE Ratings Ltd. so as to enable it to carry out
continuous monitoring of the rating of the bank facilities, CARE Ratings Ltd. shall carry out the review on the
basis of best available information throughout the life time of such bank facilities. In such cases the credit
rating symbol shall be accompanied by “ISSUER NOT COOPERATING”. CARE Ratings Ltd. shall also be entitled
to publicize/disseminate all the afore-mentioned rating actions in any manner considered appropriate by it,
without reference to you.
8. Our ratings do not take into account the sovereign risk, if any, attached to the foreign currency loans, and the
ratings are applicable only to the rupee equivalent of these loans.
9. Our ratings do not factor in any rating related trigger clauses as per the terms of the facility/instrument, which
may involve acceleration of payments in case of rating downgrades. However, if any such clauses are
introduced and if triggered, the ratings may see volatility and sharp downgrades.
10. Users of this rating may kindly refer our website www.careratings.com for latest update on the outstanding
rating.
11. CARE Ratings Ltd. ratings are not recommendations to sanction, renew, disburse or recall any bank facilities.
12. If you need any clarification, you are welcome to approach us in this regard. We are indeed, grateful to you
for entrusting this assignment to CARE Ratings Ltd..
Thanking you,
Yours faithfully,
Rajat Tiwari Kamal Mahipal
Lead Analyst Associate Director
rajat.tiwari@careedge.in kamal.mahipal@careedge.in
CARE Ratings Limited
Unit No A / 7 / 4, 7th Floor, Block A, Apeejay House, Corporate Office :4th Floor, Godrej Coliseum,
15 Park Street, Kolkata – 700 016 Somaiya Hospital Road, Off Eastern Express
Phone: +91-33-40181600 Highway, Sion (E), Mumbai - 400 022
Phone: +91-22-6754 3456 • www.careedge.in
CIN-L67190MH1993PLC071691
Page 2 of 4
Encl.: As above
Disclaimer
This disclaimer pertains to the ratings issued and content published by CARE Ratings Limited (“CareEdge Ratings”). Ratings are opinions on the
likelihood of timely payment of the obligations under the rated instrument and are not recommendations to sanction, renew, disburse, or recall the
concerned bank facilities or to buy, sell, or hold any security. Any opinions expressed herein are in good faith and are subject to change without notice.
The rating reflects the opinions as on the date of the rating. A rating does not convey suitability or price for the investor. The rating agency does not
conduct an audit on the rated entity or an independent verification of any information it receives and/or relies on for the rating exercise. CareEdge
Ratings has based its ratings/outlook on the information obtained from reliable and credible sources. CareEdge Ratings does not, however, guarantee
the accuracy, adequacy, or completeness of any information and is not responsible for any errors or omissions and the results obtained from the use of
such information. The users of the rating should rely on their own judgment and may take professional advice while using the rating in any way.
CareEdge Ratings shall not be liable for any losses that user may incur or any financial liability whatsoever to the user of the rating. The use or access
of the rating does not create a client relationship between CareEdge Ratings and the user.
CAREEDGE RATINGS DISCLAIMS WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR OTHER WARRANTIES OR CONDITIONS, TO THE EXTENT
PERMITTED BY APPLICABLE LAWS, INCLUDING WARRANTIES OF MERCHANTABILITY, ACCURACY, COMPLETENESS, ERROR-FREE, NON-
INFRINGEMENT, NON-INTERRUPTION, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE OR INTENDED USAGE.
Most entities whose bank facilities/instruments are rated by CareEdge Ratings have paid a credit rating fee, based on the amount and type of bank
facilities/instruments. CareEdge Ratings or its subsidiaries/associates may also be involved with other commercial transactions with the entity. CareEdge
Ratings does not act as a fiduciary by providing the rating. The ratings are intended for use only within the jurisdiction of India. The ratings of
CareEdge Ratings do not factor in any rating-rel
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