Letter for reaffirmation of credit ratings is attached.

FILATEX · 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

+0.2%1-day move

₹42.59

prior close

₹42.01

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+1.5+1.0+0.6+1.1+0.2+0.9-3.6-0.7-0.3-0.9+13.4+24.0+50.6—

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AI summary

Filatex India Ltd received confirmation from India Ratings & Research (Fitch Group) that its bank facility ratings remain unchanged. The company maintains IND AA-/Stable outlook for its INR 1,480 million fund-based working capital facilities and INR 6,500 million non-fund based facilities. An additional INR 2,000 million non-fund based facility retains IND A1+ rating. Total rated facilities amount to INR 9,980 million. The reaffirmation indicates the rating agency sees no material change in the company's creditworthiness since the last assessment.

Likely market impact

Stable credit ratings with AA- grade and Stable outlook signal financial health to investors and lenders, which is positive for borrowing costs and market confidence in the company.