Hot Pursuit
JK Agri Genetics Ltd announced a revision in credit ratings for its long-term bank facilities, disclosing the information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. CARE Ratings Limited has downgraded the existing rating for the long-term bank facilities from CARE A-; Negative to CARE BBB+; Stable, citing historical pressures on operating profitability, while simultaneously resolving the outlook from Negative to Stable, acknowledging a financial turnaround that shifted EBITDA from negative to positive territory; the company received this confirmation/revision of the assigned rating on September 2nd, 2026, at 6:03 P.M. (IST), and maintains a debt-free balance sheet with a net cash position and zero term-debt obligations, funding its operational working capital solely through liquid surplus funds.