Pennar Industries Limited has informed the Exchange about Credit Rating

CARE Ratings has reaffirmed the credit ratings on Pennar Industries' bank facilities after reviewing its FY25 audited and 9MFY26 unaudited performance. The long-term bank facilities have been rated CARE A with a Stable outlook, with the limit enhanced from ₹712.46 crore to ₹754.46 crore. The short-term bank facilities of ₹1,012.50 crore have been rated CARE A1, also reaffirmed. CARE A indicates adequate safety and low credit risk for long-term debt, while CARE A1 signals very strong capacity to meet short-term obligations. Total rated facilities now stand at ₹1,766.96 crore spread across multiple lenders including SBI, HDFC Bank, Axis Bank, and others.