Intimation of Credit Rating re-affirmation
SICAGEN · price
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Sicagen India Ltd has received confirmation from Acuité Ratings & Research Limited that its credit ratings have been reaffirmed. The Long Term Bank Facilities rating of Rs. 25 crore remains at ACUITE BBB (Stable), while the Short Term Bank Facilities rating of Rs. 23 crore stays at ACUITE A3+. Both ratings were reaffirmed as per the agency's intimation dated 30.04.2026. This disclosure is made under SEBI Listing Regulations, 2015.
The reaffirmation of ratings indicates the company's creditworthiness remains stable, which is a positive signal for lenders and investors. Maintaining BBB and A3+ ratings reflects adequate financial health and timely debt servicing capability.