FilingReader Intelligence
PG Electroplast credit outlook turns negative despite rating reaffirmation
August 21, 2025 at 07:06 PM UTC•By FilingReader AI
CRISIL Ratings has reaffirmed PG Electroplast Limited's long-term credit rating at 'CRISIL A+' but revised the outlook from 'Stable' to 'Negative'.
The rating agency also maintained the same rating and outlook change for wholly-owned subsidiary Technoplast Private Limited.
Total rated bank facilities amount to Rs. 310 crore for PG Electroplast and Rs. 661.27 crore for Technoplast. Short-term ratings for both entities remain at 'CRISIL A1'.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
BSE:PGEL•Bombay Stock Exchange
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