30-Sept-2026 15:51:39
INDIANACRYGeneral news
INDIAN ACRYLICS LIMITED : CREDIT RATING UPGRADED
• Long-term rating revised from BWR D to BWR BB-Stable/Upgrade. • Short-term rating revised from BWR D to BWR A4/Upgrade. • This upgrade covers Rs. 99 crore of credit facilities availed by the company. • The company's website, www.indianacrylics.com, also carries this information. • The delay in the previous intimation of credit rating was due to an official email being inadvertently routed to the company's spam folder. Impact: Credit rating upgrade may improve borrowing costs and investor confidence.
Indian Acrylics Ltd
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