Anant Raj Limited has informed the Exchange about Credit Rating- Revision
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Anant Raj Limited has informed the stock exchanges about a revision in its credit rating by CRISIL Ratings Limited, effective September 24, 2025. CRISIL has reaffirmed the long-term bank facility rating at BBB but revised the outlook from 'Stable' to 'Positive'. The short-term rating of A3+ has also been reaffirmed. The ratings cover total bank loan facilities of Rs. 480 crore, spread across facilities from SBI (Term Loan Rs. 330.9 Cr, Bank Guarantee Rs. 50 Cr, Cash Credit Rs. 15 Cr), ICICI Bank (Cash Credit Rs. 29.1 Cr), and a proposed long-term loan of Rs. 55 Crore. Previously, the company was rated by Infomerics at BBB/Stable and A3+; CRISIL's review essentially replaces that reference with its own assessment.
The outlook upgrade from Stable to Positive signals that CRISIL sees a meaningful improvement in the company's credit profile and that a future rating upgrade is possible if positive momentum continues. This is a modestly positive signal for shareholders and lenders, suggesting CRISIL views Anant Raj's debt servicing ability as strengthening.