Asian Energy Service informs about credit rating updates
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), Asian Energy Service has informed that at the request of the Company and based on the no-objection certificate received from the lenders, India Ratings & Research (‘Ind-Ra’) has withdrawn the rating assigned to the Company’s Bank loan facilities in accordance with Ind-Ra’s Policy on Withdrawal of Ratings. Details of Instruments are enclosed. Rating maintained at ‘IND BBB/Rating Watch with Developing Implications’/’IND A3+/Rating Watch with Developing Implications’ before being withdrawn. The Company had voluntarily requested India Ratings & Research to withdraw its ratings. It has further clarified that the Company had already intimated the Stock Exchanges, vide its earlier communication dated November 04, 2025, regarding the ratings assigned by CRISIL Ratings, which continue to remain in force. The withdrawal rating has been published and can be accessed at the below link: https://www.indiaratings.co.in/pressrelease/82765.

