Orient Press Limited has informed the Exchange about Credit Rating
ORIENTLTD · price
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Awaiting price reaction for this filing.
CARE Ratings has reviewed and reaffirmed Orient Press Limited's fixed deposit rating at 'CARE BB; Stable' (Double B; Stable). The rated FD programme size is Rs. 8 crore, of which Rs. 6.96 crore was outstanding as on December 31, 2025. The company had requested an upgrade in its rating, but CARE Ratings declined the request via a Regret Letter dated March 9, 2026, stating the rating committee reconsidered but found an upgrade not possible. The rating remains at the same level it was previously at. CARE BB is a sub-investment grade (non-investment grade / speculative) rating, indicating a higher risk profile for depositors.
No change in the rating level — it was reaffirmed, not upgraded or downgraded. However, the BB rating sits below investment grade, meaning FD holders carry higher credit risk. The failed attempt to get an upgrade is mildly negative, as it suggests the agency's concerns about the company's financial performance remain unresolved.