Mawana Sugars Limited has informed the Exchange about Credit Rating- Revision
MAWANASUG · price
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Mawana Sugars Limited has received a credit rating upgrade from CARE Ratings Ltd. The rating for the company's bank facilities has been revised upward from BBB Stable to BBB+ Stable. The upgrade covers total long-term fund-based bank facilities of Rs. 350 crore, with Uttar Pradesh Co-operative Bank Ltd. as the lender. The revision is based on the company's recent operational and financial performance for FY25 (audited). The rating action was communicated by CARE Ratings on July 9, 2025.
A rating upgrade from BBB to BBB+ (while retaining a Stable outlook) signals improved creditworthiness and better financial health, which is positive for shareholders. This may help the company raise debt at more favourable interest rates going forward and could support investor confidence in the stock.