Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 we hereby submit the Credit Rating Letter from CRISIL, the CRISIL Rating Limited has reviewed the ratings on the bank facilities ....
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Lactose India Ltd has received a credit rating reaffirmation from CRISIL Ratings Limited on its long-term bank facilities. The rating stands at CRISIL BBB-/Stable, with the outlook remaining stable. Total bank loan facilities rated amount to Rs. 60 crore, including a Rs. 13 crore cash credit, a Rs. 33.11 crore term loan, and two proposed working capital facilities totalling Rs. 13.89 crore, all from Bank of Baroda. The rating letter is dated 24th October 2025 and remains valid till 31st March 2026. CRISIL BBB- indicates adequate capacity to meet financial commitments, sitting at the lower end of investment grade.
The rating reaffirmation with a stable outlook signals that CRISIL views the company's credit profile as unchanged and its ability to service debt as adequate. For shareholders, this is a neutral-to-slightly-positive development, as it removes any near-term concerns about a downgrade but does not provide any positive catalyst for the stock.