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Chambal Fertilisers' long-term ratings outlook revised to positive

April 25, 2025 at 07:13 PM UTCBy FilingReader AI

Chambal Fertilisers and Chemicals Limited [BSE: CHAMBLFERT] announced today that CRISIL Ratings Limited has revised the outlook on the company's long-term bank loan facilities. The revision, detailed in a letter dated April 24, 2025, changes the outlook from "Stable" to "Positive" for bank loan facilities, which have been revised from INR 8,573.56 Crore to INR 4,000.00 Crore. CRISIL has also reaffirmed the "Positive" outlook and credit rating for the proposed bank loan facilities, which are currently valued at INR 4,573.56 Crore. The short-term bank loan facilities, amounting to INR 4,720.00 Crore, maintain the CRISIL A1+ rating, which has been reaffirmed as well, reflecting the company's continued creditworthiness. Additionally, CRISIL has also reaffirmed the credit rating of "CRISIL A1+" on the INR 4,500 Crore commercial paper of the Company. The company has requested its constituents to take note of the revised ratings.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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