News ArticleManorama Industries Limited's Bank Loan Facilities Upgraded to IND A+ by India Ratings and Research
Company's credit rating raised with a Positive outlook on November 6, 2026, covering bank loans of INR 4967.70 million
Manorama Industries Limited's bank loan facilities totaling INR 4967.70 million have been upgraded to IND A+ with a Positive outlook by India Ratings and Research as of November 6, 2026, signaling enhanced creditworthiness.
Manorama Industries Limited
Credit Rating
Manorama Industries Limited announced the upgrade of its credit rating to IND A+ with a Positive outlook by India Ratings and Research for its bank loan facilities totaling INR 4967.70 million as of November 6, 2026.
The upgraded rating was assigned following an assessment by India Ratings and Research Private Limited, as communicated via their press release dated November 6, 2026.
This rating revision applies to the company's existing bank loan facilities amounting to INR 4967.70 million.
The Positive outlook indicates India's Ratings optimistic view of Manorama Industries Limited's credit profile over the near term.
The company has made this information public in compliance with SEBI's disclosure requirements and has shared it on its official website for investor access.
Highlights
- Credit rating for bank loan facilities upgraded to IND A+ by India Ratings and Research.
- The total size of the rated bank loan facilities is INR 4967.70 million.
- Rating outlook assigned as Positive as per the November 6, 2026 assessment.
- Information compliant with SEBI Listing Regulations and publicly accessible on Manorama's investor relations website.
Key Data Snapshot
What happened
- India Ratings and Research upgraded the credit rating for Manorama Industries Limited's bank loan facilities.
- The rating was raised to IND A+ from the previous level with a Positive outlook.
- Total bank loan facilities rated at INR 4967.70 million.
Key details
- The rating upgrade was announced through a press release dated November 6, 2026.
- The company disclosed the upgrade to BSE and NSE as per SEBI Listing Regulations.
- Details are also available on the company's official website under investor announcements.
Regulatory and governance context
- Disclosure made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Ensures transparency for investors regarding credit rating updates.
Highlights
- Credit rating for bank loan facilities upgraded to IND A+ by India Ratings and Research.
- The total size of the rated bank loan facilities is INR 4967.70 million.
- Rating outlook assigned as Positive as per the November 6, 2026 assessment.
- Information compliant with SEBI Listing Regulations and publicly accessible on Manorama's investor relations website.
Disclosures
- Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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