Synergy Green Industries Limited — Credit Ratings, 29-05-2025: Credit Rating

Crisil Ratings has upgraded Synergy Green Industries Limited’s long-term and fixed deposit ratings to BBB/Stable from BBB-/Stable, maintaining a stable outlook. The upgrade reflects improved financial health and increased bank facilities to Rs. 192.72 Cr from Rs. 118.72 Cr. This signals a moderate degree of safety in timely debt servicing and stable credit risk. The enhanced rating is expected to lower borrowing costs and strengthen investor confidence, offering the company greater financial flexibility going forward.