BSEPrima Plastics LtdMediumNeutral
Announced Tue, 10 Feb · 17:19 IST

Pursuant to SEBI (LODR) Regulation, 2015 we hereby inform you that CRISIL Rating Limited has reviewed its credit rating. The letter from CRISIL is attached herewith.

Credit & Debt View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Prima Plastics Ltd informed BSE that CRISIL Ratings has reviewed its credit ratings on the company's bank facilities, totalling Rs. 60 crore. The long-term rating continues at CRISIL BBB+ and the short-term rating at CRISIL A2, with both remaining on 'Rating Watch with Developing Implications.' Bank-wise, Kotak Mahindra Bank holds Rs. 40 crore across cash credit, term loan, and non-fund-based limits, while Axis Bank holds Rs. 20 crore as a working capital facility. The rating letter remains valid until March 31, 2026.

Likely market impact

The rating itself is unchanged but continues under watch with developing implications, meaning CRISIL is still evaluating and the final direction (positive or negative) is yet to be decided — investors should watch for the next update, which could come before end-March 2026.