Announced Wed, 22 Jul · 11:42 IST
CareEdge Ratings withdraws credit ratings on bank facilities
Credit & Debt View source PDF
PRIMO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹23.17
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.5-2.9-3.9-4.1——————
Up moveDown movePending
AI summary
CareEdge Ratings has withdrawn its outstanding credit ratings assigned to Primo Chemicals bank facilities, as per their withdrawal policy. The action was taken at the request of the company after receiving No Objection Certificates from the concerned banks. The company had previously informed exchanges on 26 June 2026 about the credit ratings on its bank loan facilities.
Likely market impact
Neutral signal; ratings withdrawn at company request with bank NOCs, likely indicates loan facilities were settled or closed.