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Awaiting price reaction for this filing.
Crisil Ratings has reaffirmed the credit ratings on Flomic Global Logistics' Rs. 45 crore bank loan facilities. The long-term rating stays at Crisil BBB-/Stable and the short-term rating at Crisil A3, both carried forward from earlier assessments. The facilities include a Rs. 43 crore cash credit and a Rs. 2 crore bank guarantee, both from ICICI Bank. The rating letter was issued on November 3, 2025, and remains valid until March 31, 2026. Crisil's reaffirmation indicates no change in its view of the company's credit profile or repayment capacity.
A reaffirmed rating means the company's creditworthiness assessment is unchanged, with no improvement or deterioration flagged — this is broadly neutral for shareholders and suggests steady borrowing terms from lenders.