ICRA Limited has assigned credit ratings for Adani Enterprises’ various instruments: Non Convertible Debentures (Rs. 3,000 Crore) rated [ICRA]AA- (Stable), Commercial Paper (Rs. 2,000 Crore) rated [ICRA]A1+, Long Term Fund Based Loan (Rs. 1,367 Crore) rated [ICRA]AA- (Stable), and Working Capital Facilities (Rs. 14,893 Crore) rated [ICRA]AA- (Stable)/[ICRA]A1+ on 28th March 2025.