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CRISIL · 2026-07-23
CRISIL places New India Contractors and Developers Private Limited on rating watch — 23 Jul 2026
New India Contractors and Developers Private Limited was placed on watch by CRISIL on 2026-07-23, rating BBB+ with a Negative outlook. 1 other rating action on record between 2026-06-23 and 2026-06-23.
CRISIL's published heading: “Ratings migrated to 'Crisil BBB+ / Negative / Crisil A2 '; Rated amount enhanced for Bank Debt”
| Entity (per CRISIL heading) | New India Contractors and Developers Private Limited · issuer page |
| Action | Watch |
| Rating | BBB+ |
| Outlook | Negative |
| Action date | 2026-07-23 |
| Agency | CRISIL |
| Source | CRISIL rating rationale ↗ |
| Date | Agency | Action | Rating |
|---|---|---|---|
| 2026-06-23 | CRISIL | Watch | BB |
About this page: This page restates a rating action as published by CRISIL, a SEBI-registered credit rating agency. The rating and any outlook are the agency's opinion, not RetailBonds.in's, and nothing here is investment advice or a view on what the action means for any investor. Refer to the agency's own rationale document for the full reasoning. See our methodology and full disclaimer.