Orissa Bengal Carrier Limited has informed the Exchange about Credit Rating- Others
OBCL · price
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Awaiting price reaction for this filing.
Orissa Bengal Carrier Limited has received a credit rating re-affirmation from CARE Ratings Limited following a review of its FY25 operational and financial performance. The company's Long Term Bank Facilities of ₹21 crore (cash credit from Axis Bank and HDFC Bank) have been reaffirmed at CARE BBB- with a Stable outlook. The Long Term/Short Term Bank Facilities of ₹7 crore (non-fund based limits from HDFC Bank) have been reaffirmed at CARE BBB-; Stable / CARE A3. Additionally, Short Term Bank Facilities of ₹0 crore have been withdrawn. Total rated facilities stand at ₹28 crore.
The re-affirmation at BBB-; Stable is a neutral signal — CARE Ratings sees no change in the company's creditworthiness, suggesting steady financial health. This is unlikely to move the stock but indicates the company continues to service its debt obligations on time.