Disclosure under Regulation 30 (LODR) - Credit Rating

Rating UpgradedDebt PrepaidCredit & Debt View source PDF

CLEANMAX · price

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▲ 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

-1.2%1-day move

₹1215.00

prior close

₹1205.80

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.3-0.3-0.6+0.3-1.2-7.5-9.1-7.8-9.9-9.9+5.3+23.3+10.6—

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AI summary

CARE Ratings upgraded Clean Max's credit ratings for Non-Convertible Debentures (₹400 crore) and Long-Term Bank Loan Facilities (₹3,079.07 crore) from A+ (Positive) to AA- (Stable). Short-Term Bank Loan Facilities (₹6,500 crore) were reaffirmed at A1+. The upgrades reflect strong operational and financial performance for FY26. Separately, the company prematurely redeemed NCDs worth ₹499 crore and unlisted NCDs worth ₹100 crore on April 2, 2026, leading to rating withdrawals for those instruments. Total rated facilities stand at ₹9,579.07 crore.

Likely market impact

The rating upgrade to AA- (Stable) signals improved creditworthiness and lower default risk, which could lower borrowing costs and boost investor confidence in the stock.