Announced Tue, 15 Sept, 2026 · 18:33 IST
Balaji Amines gets credit rating withdrawn after fully repaying bank loans
BALAMINES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹2129.70
prior close
₹2128.30
base price
After-mkt
timing
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+0.2-0.0-0.5-1.9+0.9+1.8+0.1+0.8+6.8+2.6-2.0———
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AI summary
India Ratings has withdrawn the credit rating on Balaji Amines bank loan facilities totalling about Rs 195 crore, spread across SBI and HDFC Bank covering fund based and non-fund based working capital limits. The withdrawal follows No Due Certificates from the banks, meaning the company has fully repaid or closed these facilities. With no outstanding rated debt, no new rating action is required.
Likely market impact
Positive signal: company has fully repaid bank loans worth about Rs 195 crore, cutting interest costs. No rated debt means no future rating risk.