Kabra Extrusion Technik Limited has informed the Exchange about Credit Rating
KABRAEXTRU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CRISIL has reaffirmed the credit ratings of Kabra Extrusion Technik Limited. The long-term bank facility rating stands at CRISIL A with a Negative outlook, while the short-term bank facility rating is reaffirmed at CRISIL A1. Total bank loan facilities rated have been significantly enhanced from Rs.154 crore to Rs.354 crore. The company has informed both BSE and NSE about this rating action as per SEBI disclosure norms.
While the ratings are reaffirmed at investment-grade levels, the Negative outlook on the long-term rating signals possible pressure ahead and warrants monitoring. The sharp increase in sanctioned bank facilities (more than doubled to Rs.354 crore) suggests expanded borrowing capacity, likely to fund growth or working capital needs.