Ghcl Textiles Limited has informed the Exchange about Credit Rating- Revision
GHCLTEXTIL · price
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CARE Ratings has upgraded GHCL Textiles' credit ratings following a review of its H1FY26 operational and financial performance. The long-term/short-term bank facilities of ₹500 crore were upgraded from CARE A-; Stable / CARE A2+ to CARE A; Stable / CARE A1. The short-term bank facilities of ₹100 crore were also upgraded from CARE A2+ to CARE A1. Additionally, the long-term bank facility rating was withdrawn after the company fully repaid its term loans, as confirmed by a No Dues certificate from the bank.
This is a positive signal for shareholders — the upgrade reflects improved creditworthiness and lower borrowing risk, which may translate into lower interest costs going forward. The full repayment of term loans also strengthens the balance sheet, though the total rated facility pool remains at ₹600 crore.