CRISIL upgrades Vedanta Group companies, lifts flagship firm's rating to highest level in over a decade

CRISIL upgraded Vedanta Limited's long-term rating to AA+/Stable, its highest level since 2014.

The rating action reflects stronger financial position after the demerged structure, with net leverage improved to 0.7x as of March 2026.

Vedanta Aluminium was upgraded to AA+/Stable, being India's largest aluminium producer and third-largest outside China.