Pyramid Technoplast Limited has informed the Exchange about Credit Rating
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Awaiting price reaction for this filing.
Acuité Ratings has reaffirmed Pyramid Technoplast Limited's credit ratings on July 11, 2025. The long-term bank loan rating stands at ACUITE A- with a Stable outlook, covering facilities worth Rs. 77.40 crore. The short-term rating is ACUITE A2+, covering facilities of Rs. 38 crore. Total rated bank loan facilities amount to Rs. 115.40 crore across lenders including Federal Bank, Axis Bank, and HDFC Bank. The reaffirmation indicates that the rating agency sees no change in the company's creditworthiness since the last review. The rating letter is valid until November 10, 2025.
This is a neutral event for shareholders. The reaffirmed ratings with a Stable outlook signal consistent credit quality and no immediate concerns about the company's ability to service its debt, which supports borrowing costs remaining stable.