Foods & Inns Limited has informed the Exchange about Credit Rating

CRISIL Ratings has reviewed and reaffirmed the credit ratings for Foods & Inns Limited's bank facilities worth Rs. 321.96 crore. The long-term rating remains CRISIL BBB/Stable and the short-term rating remains CRISIL A3+, both unchanged from previous ratings. The rating covers various facilities including cash credit, export packing credit, letters of credit, packing credit, and term loans from multiple banks including Union Bank of India, State Bank of India, HDFC Bank, and Bank of Maharashtra. The reaffirmation indicates CRISIL's view that the company's ability to meet its financial obligations remains stable.