CRISIL revises Laxmi Organic Industries’ outlook to negative

Laxmi Organic Industries Ltd. announced on November 20, 2025, a credit rating update from CRISIL Ratings Limited. The company informed that CRISIL has revised its outlook on the long-term bank facilities from 'Stable' to 'Negative'.

Despite the revised outlook, CRISIL Ratings has reaffirmed the long-term rating at ‘Crisil AA’. Additionally, the rating for the company's short-term bank facilities and commercial paper remains reaffirmed at 'Crisil A1+'. Further details and rationales behind these ratings are available via a link provided in the announcement.