we refer to the announcement made on 29th September, 2025 which was inadvertently submitted under category of Reg.30A instead of Reg.30. please find the letter intimating that CARE Ratings ....
GSFC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gujarat State Fertilizers & Chemicals Ltd (GSFC) announced that CARE Ratings has reaffirmed its credit ratings on the company's borrowing facilities. The long-term bank facilities of Rs.300 crore were reaffirmed at CARE AA+ with a Stable outlook, and the short-term bank facilities of Rs.4,100 crore were reaffirmed at CARE A1+. Additionally, the rating for the company's commercial paper programme of Rs.1,000 crore was reaffirmed at CARE A1+. The review was based on GSFC's audited FY25 and unaudited Q1FY26 operational and financial performance. The company clarified that the prior submission was filed under the wrong SEBI regulation category and has now been re-submitted under Regulation 30.
The reaffirmation signals that lenders and rating agencies continue to view GSFC as financially strong and capable of meeting its debt obligations, which is a neutral-to-positive signal for shareholders. No change in borrowing costs or investor confidence is expected from this announcement.