Back
Hot Pursuit
Zuari Industries' long-term bank facilities reaffirmed at CARE BBB- with a positive outlook
13-Aug-2026, 07:28
Zuari Industries Ltd announced a correction to a previously disclosed credit rating, clarifying an error regarding the outlook for its long-term bank facilities. CARE Ratings Limited reaffirmed the rating for the company's Long-term bank facilities at CARE BBB- with a revised outlook from Stable to Positive, and reaffirmed the rating for Short-term bank facilities at CARE A3; the Long-term bank facilities amount is Rs 661.64 crore and the Short-term bank facilities amount is Rs 5.85 crore, with no enhancements, assignments, or withdrawals related to either rating.
Zuari Industries Ltd announced a correction to a previously disclosed credit rating, clarifying an error regarding the outlook for its long-term bank facilities. CARE Ratings Limited reaffirmed the rating for the company's Long-term bank facilities at CARE BBB- with a revised outlook from Stable to Positive, and reaffirmed the rating for Short-term bank facilities at CARE A3; the Long-term bank facilities amount is Rs 661.64 crore and the Short-term bank facilities amount is Rs 5.85 crore, with no enhancements, assignments, or withdrawals related to either rating.