Announced Fri, 26 Jun · 19:25 IST
Credit rating BBB-/A3 reaffirmed by Acuite Ratings
Credit & Debt View source PDF
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Acuite Ratings and Research has reaffirmed the BBB- (long-term) and A3 (short-term) credit ratings for the banking limits sanctioned to The Phosphate Company Ltd. The ratings remain unchanged, indicating the company continues to meet the credit quality standards needed for its banking facilities.
Likely market impact
No rating change. Stable credit profile maintained, supporting continued access to bank funding without any negative signal for shareholders.