Pokarna Limited has informed the Exchange about Credit Rating
POKARNA · price
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CRISIL Ratings has reviewed and maintained the credit ratings for Pokarna Limited and its subsidiary Pokarna Engineered Stone Limited. Pokarna Limited has a long-term rating of CRISIL A-/Stable and short-term rating of CRISIL A2+ for Rs. 34.98 crore in bank loan facilities. The subsidiary Pokarna Engineered Stone Limited holds the same ratings for Rs. 651.52 crore in bank facilities. Both ratings were previously at the same levels during April-May 2026. CRISIL A- is an investment-grade rating indicating low credit risk with stable outlook. The rated facilities include export packing credit, foreign documentary bills purchase, letters of credit, and rupee term loans primarily with Union Bank of India.
The ratings reflect stable creditworthiness for both entities. No immediate impact on shareholders as the ratings remain unchanged, indicating continued ability to service debt obligations.