Intimation of Credit Rating under Regulation 30 read along with Para A of Part A of Schedule III of SEBI(LODR) Regulations, 2015.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Metal Coatings (India) Limited has received a credit rating reaffirmation from Acuité Ratings & Research Limited. The long-term bank loan rating of ACUITE BBB with Stable outlook has been reaffirmed on a facility of Rs. 13.50 crore (Secured Overdraft from HSBC). The short-term bank loan rating of ACUITE A3+ has also been reaffirmed on a Bank Guarantee facility of Rs. 1.50 crore from HSBC. Total rated bank loan facilities stand at Rs. 15.00 crore. The rating letter is valid until October 26, 2026.
The reaffirmation of both long-term (BBB/Stable) and short-term (A3+) ratings at existing levels signals continued creditworthiness and stable financial health of the company. Shareholders can take this as a neutral to mildly positive signal, indicating no deterioration in the company's credit profile or repayment capacity.