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India Ratings affirms ‘A’ ratings on Vishal Fabrics' debt instruments, including Rs 200 crore limits
12-Sep-2026, 03:55
Vishal Fabrics Ltd announced that India Ratings and Research Private Limited has affirmed ratings on its outstanding debt instruments, as detailed in a letter dated September 11, 2026. The ratings assigned are as follows: Term loans of Rupees 50 crore received a rating of ‘A’/Stable/IND A2+, Term loans also received a rating of ‘IND A’/Stable/IND A2+, Fund-based working capital limits of Rupees 200 crore received a rating of ‘IND A’/Stable/IND A2+, and Non-fund-based working capital limits of Rupees 40 crore received a rating of ‘IND A’/Stable/IND A2+; no enhancements, assignments, or withdrawals were noted by the rating agency.