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CARE Ratings reaffirmed credit ratings for Gujarat Ambuja Exports, covering facilities with multiple banks
08-Oct-2026, 06:29

Gujarat Ambuja Exports Ltd announced the reaffirmation of credit ratings by CARE Ratings Limited, as communicated via email on October 8th, 2026, encompassing several facilities and instruments including a Term Loan-Long Term of Rs 45.00 crore with HDFC Bank Limited (CARE AA-; Positives Reaffirmed; Outlook revised from Stable), Fund-based - LT - Working Capital Limits of Rs 150.00 crore with South Indian Bank Limited (CARE AA-; Positive Reaffirmed; Outlook revised from Stable), Fund-based/Non-fund-based- Long Term of Rs 100.00 crore with Bank of India (CARE AA-; Positives Reaffirmed; Outlook revised from Stable), and a Fund-based - LT - Working Capital Demand loan of Rs 100.00 crore with Yes Bank Limited (CARE AA-; Positive Reaffirmed; Outlook revised from Stable); no other rating agencies were mentioned, and there were no enhancements, assignments, or withdrawals reported.