GOCL Corporation Limited — Credit Ratings, 13-05-2025: Credit Rating- Others

Infomerics has placed GOCL Corporation Limited and its subsidiary IDL Explosives Limited’s credit ratings on watch with developing implications, retaining their long-term ratings at IVR A and IVR A- and short-term ratings at IVR A1 and IVR A2+. The watch reflects uncertainty related to GOCL’s planned disinvestment of its subsidiary, though current financial health and liquidity remain stable. This status signals investors and lenders to closely monitor the transaction’s outcome, as it could affect GOCL’s future borrowing costs and capital access depending on how the deal impacts the group’s consolidated financial position.