Usha Martin Limited has informed the Exchange about Credit Rating
USHAMART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Usha Martin Limited has informed exchanges that India Ratings and Research Pvt. Ltd. has reaffirmed its credit ratings. The Long Term Credit Facilities (Bank Facilities) rating stands at 'IND A+/Stable', while Short-Term Credit Facilities (covering non-fund based working capital limits and commercial paper programme) are rated 'IND A1+'. Both ratings were reaffirmed on 30th July 2025 with no change from previous levels. 'IND A+/Stable' indicates strong investment-grade credit quality with a stable outlook, and 'IND A1+' is the highest short-term rating category, reflecting strong capacity to meet short-term obligations.
This is a neutral-to-positive signal for shareholders, as the reaffirmation confirms Usha Martin's creditworthiness remains intact with no deterioration in financial health. The stable outlook and top-tier short-term rating suggest continued easy access to funding at reasonable rates.