Announced Tue, 14 Jul · 12:44 IST
CRISIL reaffirms BBB-/Stable rating; bank facilities enhanced to Rs.90 Cr
Price
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Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹100.20
prior close
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AI summary
CRISIL has reaffirmed Lactose India's long-term credit rating at BBB-/Stable on bank facilities enhanced to Rs.90 crore from Rs.60 crore. Facilities include Rs.35 crore Cash Credit from Bank of Baroda, Rs.25 crore Cash Credit from YES Bank, and Rs.30 crore Term Loan from Bank of Baroda. The rating outlook remains stable, indicating adequate capacity to meet financial commitments. The rating letter is dated July 13, 2026 and remains valid till March 31, 2027.
Likely market impact
Stable rating with higher borrowing limit signals steady credit profile and improved access to bank funding for the company.