Announced Tue, 16 Jun · 19:52 IST
CRISIL reaffirms and withdraws AA- rating on bank facilities
Credit & Debt View source PDF
AGARWALEYE · 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
+1.0%1-day move
₹438.90
prior close
₹438.85
base price
After-mkt
timing
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+0.1+0.5+0.7+0.6+1.0+6.8+7.1+7.3+10.2+8.1+10.5+11.7——
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AI summary
CRISIL has reaffirmed and withdrawn its credit rating of AA- (Stable) on Dr. Agarwal's Health Care's bank facilities totaling ₹370 crore (₹363 crore long-term loans from HDFC, YES, and ICICI Banks, plus ₹7 crore cash credit). The withdrawal was done at the company's request with lender no-objection. The facilities continue to be rated by ICRA Limited.
Likely market impact
Neutral — the AA- rating was reaffirmed (not changed) before withdrawal; company retains rating coverage through ICRA.