All Time Plastics Limited has informed the Exchange about Credit Rating- Revision
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All Time Plastics Limited has informed the exchanges that CRISIL Ratings has upgraded its long-term credit rating on the company's bank facilities. The total bank loan facilities rated amount to Rs. 265 crores. The rating has been moved up from 'CRISIL A-/Positive' to 'CRISIL A/Stable', and the outlook has been revised from 'Positive' to 'Stable'. The upgrade reflects improved creditworthiness as assessed by CRISIL.
Positive for shareholders — a higher credit rating lowers borrowing costs and signals stronger financial health, though the shift from a 'Positive' to 'Stable' outlook means CRISIL sees less room for further near-term upgrades.