Orient Press Limited has informed the Exchange about Credit Rating
ORIENTLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CARE Ratings reviewed and reaffirmed Orient Press Limited's bank facility ratings on February 26, 2026. Long-term facilities of Rs. 25.45 crore were kept at 'CARE BB; Stable' and short-term facilities of Rs. 13.50 crore at 'CARE A4'. A combined long-term/short-term facility of Rs. 10 crore was also reaffirmed at 'CARE BB; Stable / CARE A4'. The company then requested an upgrade from CARE, but on March 9, 2026, CARE issued a regret letter stating the upgrade was not possible. The total rated bank facilities stand at Rs. 48.95 crore, down from Rs. 60.09 crore previously. The 'CARE BB' rating falls in the speculative or junk-grade category, indicating below-investment-grade credit quality.
Shareholders should note that the company remains in the speculative/junk rating category despite seeking an improvement. The refused upgrade suggests CARE sees no meaningful improvement in the credit profile, which is a mildly negative signal. However, the ratings were reaffirmed (not downgraded) and loan amounts have reduced, indicating some deleveraging.