Krishna Defence And Allied Industries Limited has informed the Exchange about Credit Rating- Revision
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Krishna Defence and Allied Industries Limited has informed the stock exchange that CRISIL has updated the credit rating of its bank loan facilities. The revision was communicated by CRISIL through a press release dated 26.06.2025, and the company has disclosed this under SEBI Listing Regulations. A copy of the CRISIL rating rationale and press release has been enclosed with the filing. The specific old and new ratings or the direction of the revision (upgrade/downgrade) are not mentioned in the document text provided.
The direction and magnitude of the rating change are not stated in the announcement, so the impact on shareholders is unclear until the CRISIL rating rationale is reviewed. Investors should check the attached CRISIL press release for details on whether the rating was upgraded, downgraded, or placed on watch.