Announced Fri, 11 Jul · 20:47 IST
K.M.Sugar Mills Limited has informed the Exchange about Credit Rating
Credit & Debt View source PDF
KMSUGAR · price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
K.M. Sugar Mills Limited has informed the stock exchanges that Informerics Valuation and Rating Pvt Ltd has reaffirmed its long-term bank facility credit rating at IVR A- with a stable outlook. The current rating is the same as the previous rating, indicating no change in the company's credit assessment. The rating was disclosed under SEBI LODR Regulation 30.
Likely market impact
The reaffirmation of the A- rating with stable outlook signals that the rating agency views the company's creditworthiness as unchanged, which is neutral for shareholders and suggests stable borrowing costs going forward.