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India Ratings downgrades Dhampur Sugar Mills' long-term bank loan facilities to IND A+/Stable
03-Aug-2026, 07:24
Dhampur Sugar Mills Ltd announced that India Ratings & Research (Ind-Ra) has downgraded the long-term rating of its bank loan facilities to IND A+/Stable from IND A1, while affirming the short-term rating of its bank loan facilities at IND A1+ and affirming the rating of its Commercial Paper at IND A1+. Additionally, Ind-Ra has withdrawn the rating assigned to the company’s fixed deposits, noting that the rating is not required as all deposits have been repaid in full and no fresh deposits have been raised.
Dhampur Sugar Mills Ltd announced that India Ratings & Research (Ind-Ra) has downgraded the long-term rating of its bank loan facilities to IND A+/Stable from IND A1, while affirming the short-term rating of its bank loan facilities at IND A1+ and affirming the rating of its Commercial Paper at IND A1+. Additionally, Ind-Ra has withdrawn the rating assigned to the company’s fixed deposits, noting that the rating is not required as all deposits have been repaid in full and no fresh deposits have been raised.