17-Aug-2026      16:18

Mukand Ltd. receives credit rating revisions and assignments from CRISIL and CARE

Mukand Ltd announced revisions and initial ratings across multiple instruments from various credit rating agencies, as per Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. CRISIL has revised the rating on the Bank Loan instrument with an amount of 100000000 to AA+, while CARE has assigned an initial rating of BBB to the NCDs instrument with an amount of 50000000; these actions pertain to the Bank Loan instrument with an amount of 100000000 and the NCDs instrument with an amount of 50000000, respectively, and do not involve any enhancements, assignments, or withdrawals beyond these specific rating actions.

News source: Capital Market - Live News