Vedanta Group has received a major credit rating boost from CRISIL Ratings, with its flagship company, Vedanta Limited, securing its highest long-term rating in more than a decade. The ratings agency also upgraded key group entities across aluminium, oil and gas, and power businesses, while removing Vedanta Limited, Vedanta Aluminium and Vedanta Oil & Gas from “Rating Watch with Developing Implications”. CRISIL upgraded the long-term rating of Vedanta Limited to AA+/Stable, marking the company’s strongest credit profile since 2014. (HT Archive) The latest action reflects CRISIL’s assessment of the group’s stronger financial position following the demerged structure, lower leverage and sustained earnings across its core businesses. Vedanta Limited gets highest rating since 2014 CRISIL upgraded the long-term rating of Vedanta Limited to AA+/Stable, marking the company’s strongest credit profile since 2014. The agency said the company continues to benefit from its scale and diversified operations, supported by its 61 per cent stake in Hindustan Zinc and businesses spanning copper, nickel, ferroalloys and critical minerals. Highlighting the company’s balance sheet, CRISIL said, “The company’s financial profile …