Urja Global Ltd

🔍 Urja Global’s Credit Rating Reaffirmed at ‘BB-’ – But There’s More to the Story

- CARE Ratings reaffirmed Urja Global’s credit rating at ‘BB-’ (Stable) on January 8, 2026, continuing from the previous rating issued on December 20, 2024.

- Urja Global states it did not receive prior notice from CARE Ratings, leading to delayed regulatory disclosure.

- The company became aware of the rating only after receiving an email from BSE Limited on January 9, 2026, at 7:37 PM.

- Urja Global disputes the ‘BB-’ rating, citing an inability to justify the downgrade from ‘BBB-’ and had requested further discussions with CARE Ratings.

- Steps have been taken to ensure future compliance with SEBI disclosure regulations.