Intimation for Credit Rating under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.
GULPOLY · price
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Awaiting price reaction for this filing.
CRISIL Ratings has reviewed Gulshan Polyols' bank loan facilities of Rs. 525 crore. The long-term rating has been reaffirmed at 'Crisil A', but the outlook has been revised from 'Stable' to 'Negative'. The short-term rating 'Crisil A1' has also been reaffirmed. Facilities include cash credit and term loans from SBI, HSBC, and HDFC Bank. The rating letter remains valid until March 31, 2026.
While the rating itself is unchanged and still investment-grade, the shift to a Negative outlook signals that CRISIL sees rising credit risks that could lead to a downgrade if conditions worsen. This may increase borrowing costs and weigh slightly on investor sentiment, though no immediate impact on stock price is expected.