Heritage Foods Limited has informed the Exchange about Credit Rating- New
HERITGFOOD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.9 pts more than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Heritage Foods Limited has received a credit rating upgrade from CRISIL Ratings, effective March 6, 2026. The long-term rating has been upgraded from CRISIL A+/Positive to CRISIL AA-/Stable, indicating improved creditworthiness. The short-term rating has been reaffirmed at CRISIL A1+, the highest short-term rating. Total bank loan facilities rated have been enhanced from Rs 503.5 Crore to Rs 653.5 Crore, a Rs 150 Crore increase, with facilities spread across Kotak Mahindra Bank, HDFC Bank, ICICI Bank, and Bank of Baroda covering cash credit, long-term loans, bank guarantees, and letters of credit.
Positive for shareholders — the upgrade to AA- reflects stronger financial health and lower borrowing risk, while the enhanced credit facility of Rs 150 Crore signals greater lender confidence and improved access to capital for growth.