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Entity-Specific Rating Rationales

29 Apr 2026

Kandi Ramsanpalle Road Private Limited: Rating reaffirmed and removed from Watch with Developing Implications; Stable outlook assigned

Kandi Ramsanpalle Road Private Limited: Rating reaffirmed and removed from Watch with Developing Implications; Stable outlook assigned

10 Jan 2025

Ashoka Kandi Ramsanpalle Road Private Limited: Placed on rating watch with developing implications

Ashoka Kandi Ramsanpalle Road Private Limited: Placed on rating watch with developing implications

14 Nov 2024

Ashoka Kandi Ramsanpalle Road Private Limited: Rating upgraded to [ICRA]AAA; outlook revised to Stable from Positive

Ashoka Kandi Ramsanpalle Road Private Limited: Rating upgraded to [ICRA]AAA; outlook revised to Stable from Positive

28 Aug 2023

Ashoka Kandi Ramsanpalle Road Private Limited: Rating upgraded to [ICRA]AA-; outlook retained at Positive

Ashoka Kandi Ramsanpalle Road Private Limited: Rating upgraded to [ICRA]AA-; outlook retained at Positive

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Entity-Specific Credit Perspective Reports

29 May 2026

Kandi Ramsanpalle Road Private Limited

Kandi Ramsanpalle Road Private Limited (Non-SF)

12 Dec 2024

Kandi Ramsanpalle Road Private Limited

Kandi Ramsanpalle Road Private Limited (Non-SF)

25 Sep 2023

Kandi Ramsanpalle Road Private Limited

Kandi Ramsanpalle Road Private Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Long-term – Fund-based – Term Loan -- -- [ICRA]AAA(Stable) --

Our Analysts

Analyst 1

Doddapanani Srisai Bhavya

Analyst 2

M Rajashekar Reddy

Sector Head

Ashish Modani
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