17-Aug-2026      17:19

Fermenta Biotech’s credit ratings upgraded by CARE Ratings Limited, impacting bank facilities

Fermenta Biotech Ltd announced a revision in its credit ratings today, as detailed in a letter received from CARE Ratings Limited, and disseminated via BSE Limited and the National Stock Exchange of India Limited. CARE Ratings Limited has upgraded the ratings for Fermenta Biotech Limited’s Long-term bank facilities, enhanced from Rs 118.94 to Rs 166.73, from CARE BBB; Stable to CARE BBB+; Stable, and Short-term bank facilities from CARE A3+ to CARE A 2. The total facilities amount is Rs 172.98, encompassing both Long-term bank facilities and Short-term bank facilities, and this information is also available on the company’s website, www.fermentabiotech.com.

News source: Capital Market - Live News