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Entity-Specific Rating Rationales

09 Jan 2026

Ashley Alteams India Limited: Ratings upgraded to [ICRA]A-(Stable)/[ICRA]A2+

Ashley Alteams India Limited: Ratings upgraded to [ICRA]A-(Stable)/[ICRA]A2+

04 Mar 2025

Ashley Alteams India Limited: Ratings upgraded to [ICRA]BBB+(Stable)/[ICRA]A2

Ashley Alteams India Limited: Ratings upgraded to [ICRA]BBB+(Stable)/[ICRA]A2

09 Aug 2024

Ashley Alteams India Limited: Ratings upgraded to [ICRA]BBB(Stable)/[ICRA]A3+

Ashley Alteams India Limited: Ratings upgraded to [ICRA]BBB(Stable)/[ICRA]A3+

05 Apr 2024

Ashley Alteams India Limited: Ratings reaffirmed

Ashley Alteams India Limited: Ratings reaffirmed

28 Mar 2023

Ashley Alteams India Limited: Ratings upgraded; outlook revised to Stable from Positive

Ashley Alteams India Limited: Ratings upgraded; outlook revised to Stable from Positive

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Entity-Specific Credit Perspective Reports

19 Feb 2026

Ashley Alteams India Limited

Ashley Alteams India Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Term Loan -- -- [ICRA]A-(Stable) --
Fund based facilities [ICRA]A2+ -- -- --
Fund Based Cash Credit -- -- [ICRA]A-(Stable) --
Short Term – Non fund based facilities [ICRA]A2+ -- -- --
Long term/Short term –Unallocated limit [ICRA]A2+ -- [ICRA]A-(Stable) --

Our Analysts

Analyst 1

Prabhav Tiwari

Analyst 2

Nithya Debbadi

Sector Head

Jitin Makkar
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