Texmo Pipes and Products Limited — Credit Ratings, 12-06-2025: Credit Rating

India Ratings and Research has reaffirmed Texmo Pipes and Products Limited’s bank loan rating at IND BBB+ with a stable outlook. This reflects the company’s stable financial health and adequate liquidity position. The rating affirmation supports maintaining moderate borrowing costs and sustains investor confidence by confirming steady creditworthiness. There is no immediate change in the company’s risk profile or capacity to meet its debt obligations.