Viyash Scientific Limited has informed the Exchange about Credit Rating- India Ratings and Research (Ind-Ra), at the Company s request, has withdrawn the ratingassigned to the Company s bank loan facilities
VIYASH · price
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Viyash Scientific Limited has informed exchanges that India Ratings and Research (Ind-Ra) has withdrawn the credit rating assigned to the company's bank loan facilities of INR 350 million. The withdrawal was made at the company's own request. Prior to withdrawal, the rating was affirmed at 'IND AA-'/Stable/'IND A1+'. Importantly, the company continues to be rated by ICRA Ratings, which upgraded the rating to [ICRA] AA- (Stable) in April 2026. The company was formerly known as Sequent Scientific Limited.
Neutral for shareholders. The voluntary withdrawal of one rating agency's assessment does not indicate credit quality concerns, especially since the company maintains a strong AA- rating from ICRA with a stable outlook.