Rossell India Limited has informed the Exchange regarding 'CREDIT RATING'.
ROSSELLIND · price
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Awaiting price reaction for this filing.
Rossell India informed exchanges that India Ratings & Research (a Fitch Group company) has completed the credit rating review of its bank loan facilities totaling Rs. 140 crores. For Rs. 131 crores of existing facilities, the rating of IND BBB+/Stable for long-term and IND A2+ for short-term has been affirmed, meaning the previous rating stands unchanged. For an additional Rs. 9 crores (INR 90 million) of bank loan facilities, a fresh rating of IND BBB+/Stable/IND A2+ has been assigned, suggesting a new or incremental credit line. The outlook is Stable, and the letter is dated 24th February 2026.
This is a neutral-to-mildly positive update for shareholders — the existing rating has been maintained rather than downgraded, indicating lenders remain comfortable with Rossell's credit profile. The Stable outlook suggests no immediate pressure on borrowing costs, while the newly assigned rating points to a small fresh credit facility being put in place.