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Entity-Specific Rating Rationales

10 Jun 2025

Madhya Gujarat Vij Company Limited: Long-term rating upgraded to [ICRA]AA (Stable); short-term rating reaffirmed

Madhya Gujarat Vij Company Limited: Long-term rating upgraded to [ICRA]AA (Stable); short-term rating reaffirmed

09 Apr 2024

Madhya Gujarat Vij Company Limited: Ratings reaffirmed

Madhya Gujarat Vij Company Limited: Ratings reaffirmed

10 Apr 2023

Madhya Gujarat Vij Company Limited: Ratings reaffirmed

Madhya Gujarat Vij Company Limited: Ratings reaffirmed

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Entity-Specific Credit Perspective Reports

10 May 2024

Madhya Gujarat Vij Company Limited

Madhya Gujarat Vij Company Limited (Non-SF)

08 May 2023

Madhya Gujarat Vij Company Limited

Madhya Gujarat Vij Company Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Long-Term fund based limits -- -- [ICRA]AA(Stable) --
Non Fund Based Limits -- -- [ICRA]AA(Stable) --
Unallocated limits [ICRA]A1+ -- [ICRA]AA(Stable) --
Short-term Non Fund-based Limits [ICRA]A1+ -- -- --

Our Analysts

Analyst 1

Rishi S Tekchandani

Analyst 2

Sanket Thakkar

Sector Head

Girishkumar Kashiram Kadam
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