Hot Pursuit

03-Sep-2026, 07:32

Greenlam Industries Ltd announced that CARE Ratings has reviewed and reaffirmed the ratings for its outstanding debt instruments, specifically Long Term Bank facilities amounting to Rs 169.02 (enhanced from Rs 71.52), Long Term/Short Term Bank Facilities totaling Rs 327.50 (enhanced from Rs 277.50), and Short Term Bank facilities of Rs 310.00; CARE Ratings reaffirmed the Long Term rating as CARE AA-; Stable with an outlook revised from Negative, reaffirmed the Long Term/Short Term rating as CARE AA-; Stable / CARE A1+ and reaffirmed the Short Term rating as CARE A1+, also with an outlook revised from Negative.