Bhartiya International Limited has informed the Exchange about Credit Rating- Revision
BIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.9 pts less than its Leather And Leather Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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India Ratings and Research (Ind-Ra) has placed Bhartiya International Limited's bank loan facilities on 'Rating Watch with Negative Implications' as of August 21, 2025. This affects bank loan facilities worth INR 6,470.70 million. The long-term rating stands at IND BBB and the short-term rating at IND A2, both carrying the negative watch. A 'Rating Watch with Negative Implications' means the agency sees a possible risk of a future downgrade and is monitoring the company's creditworthiness closely. The detailed rating rationale is available on the company's website and on Ind-Ra's portal.
This is a negative signal for shareholders and lenders — it does not mean an immediate downgrade, but indicates rising credit risk concerns that could lead to a rating cut if conditions worsen. It may also make future borrowing slightly more expensive for the company.