Repro India Limited has informed the Exchange about Credit Rating, by Investment, Information and Credit Rating Agency of India Limited (ICRA).
REPRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ICRA has reaffirmed Repro India Limited's credit ratings at [ICRA]BBB+ for long-term facilities and [ICRA]A2 for short-term facilities. The total rated facilities amount to Rs. 170 crore across term loans (Rs. 15 crore) and working capital facilities (Rs. 140 crore) from banks including HDFC Bank, YES Bank, Axis Bank, and IDFC FIRST Bank. The key change is that the outlook has been revised from Stable to Negative, indicating ICRA sees increased credit risk. This is not yet a rating downgrade but signals potential deterioration that could lead to a downgrade if conditions worsen.
The Negative outlook is a cautionary signal for investors and lenders. While the company retains its investment-grade rating, the outlook revision suggests increased credit risk and could result in higher borrowing costs or tighter lending terms if ICRA proceeds with an actual downgrade.