Avantel Ltd announced that Acuité Ratings & Research Limited ("Acuité"), a Credit Rating Agency, has reaffirmed its long-term rating of 'ACUITE A-' (read as ACUITE A minus) and short-term rating of 'ACUITE A2+' (read as ACUITE A two plus) on Rs. 134.50 Cr. bank facilities, with a 'Stable' outlook, and has also assigned the long-term rating of 'ACUITE A-' (read as ACUITE A minus) and short-term rating of 'ACUITE A2+' (read as ACUITE A two plus) on Rs. 124.44 Cr. bank facilities, also with a 'Stable' outlook; no enhancements, assignments, or withdrawals of ratings were indicated by Acuité.
