Vedanta Resources Limited Gets Ratings Upgrade from S&P Global, Citing Improved Capital Structure and Liquidity
Vedanta Resources Limited, controlled by billionaire Anil Agarwal, has received a rating upgrade from S&P Global Ratings, moving from ‘CCC+’ to ‘B-‘, thanks to improved capital structure and liquidity. The conglomerate’s strong financial health supports long-term sustainable growth, with EBITDA for 2025 and 2026 projected to be $5.5 billion-$6.0 billion annually.