CRISIL reaffirms A+/Stable long-term and A1 short-term ratings
PLASTIBLEN · price
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CRISIL Ratings has reaffirmed its credit ratings on Plastiblends India's bank loan facilities of Rs. 96 crore. Long-term rating stands at CRISIL A+/Stable and short-term rating at CRISIL A1, both reaffirmed. The ratings were communicated via CRISIL's letter dated June 12, 2026, and intimated to the stock exchanges on June 16, 2026. A+ indicates high safety on timely debt repayment, and A1 reflects strong capacity to meet short-term obligations. Reaffirmation means no change from the previous rating levels.
Neutral for shareholders; rating stability signals consistent creditworthiness and steady debt servicing ability, with no change in borrowing cost outlook.