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Navin Fluorine International and subsidiary see credit rating upgrades from CARE Ratings
13-Aug-2026, 07:22
Navin Fluorine International Ltd announced a revision in credit ratings for both itself and its wholly owned subsidiary, Navin Fluorine Advanced Sciences Limited, as detailed in a filing with the BSE Limited and National Stock Exchange of India Limited. CARE Ratings Limited has upgraded the long-term bank facilities of Navin Fluorine International Limited from CARE AA; Stable to CARE AA+; Stable, while also upgrading the credit enhanced long-term bank facilities of Navin Fluorine Advanced Sciences Limited from CARE AA (CE); Stable to CARE AA+ (CE); Stable, and upgrading the unsupported long-term bank facilities of Navin Fluorine Advanced Sciences Limited from CARE AA- to CARE AA; there were no assignments, withdrawals, or negative actions taken by CARE Ratings Limited.