Maan Aluminium Limited — Credit Ratings, 13-06-2025: Credit Rating

ICRA Ltd. has reaffirmed the company’s credit ratings at BBB+ (Stable) for long-term fund-based facilities and A2 for short-term bill discounting. This reflects that recent US tariff hikes on steel and aluminium imports have not affected the company’s financial health or liquidity. The stable rating underscores a solid credit profile, which supports steady borrowing costs and bolsters investor confidence, maintaining the company’s capacity to operate without funding constraints.