Announced Wed, 18 Feb, 2026 · 11:09 IST
CRISIL upgrades Madhya Bharat Agro Products long-term rating to A+/Stable
MBAPL · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
CRISIL upgraded Madhya Bharat Agro Products long-term rating to A+/Stable from A/Stable on Feb 17 2026. Short-term rating CRISIL A1 was reaffirmed. The rating covers around Rs 885 crore of bank facilities spread across HDFC Bank, SBI, YES Bank, Axis Bank, and Federal Bank, including cash credit, term loans, letters of credit, and a proposed term loan.
Likely market impact
Positive for shareholders. Signals improved credit profile and may support lower future borrowing costs on the company bank facilities.