Intimation of Credit Rating
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Awaiting price reaction for this filing.
On September 18, 2025, CRISIL Ratings reaffirmed Prime Fresh Limited's long-term credit rating at CRISIL BBB with a Stable outlook. The total bank loan facilities rated have been significantly enhanced from Rs. 10 Crore to Rs. 100 Crore. Existing rated facilities include a Rs. 7.75 Crore Cash Credit limit from Axis Bank, with additional proposed fund-based bank limits making up the remainder. CRISIL BBB is an investment-grade rating, indicating moderate credit risk with a stable outlook suggesting no expected near-term change in the company's ability to meet its financial obligations.
The rating reaffirmation signals stable financial health and continued lender confidence in the company. The 10-fold increase in the rated bank facility size from Rs. 10 Crore to Rs. 100 Crore points to expanding business operations and stronger banking relationships, which is mildly positive for shareholders.