Greenchef Appliances Limited — Credit Ratings, 10-07-2025: Credit Rating- Others

Crisil Ratings has withdrawn its ratings on Greenchef Appliances Limited’s bank facilities at the company’s request, following non-cooperation from the issuer in providing updated financial information. The ratings were maintained at Crisil B/Stable for long-term and Crisil A4 for short-term facilities prior to withdrawal, reflecting limited visibility into the company’s current credit profile. The total rated bank facilities stood at Rs. 20 Cr, including Rs. 18 Cr of fund-based limits. The lack of cooperation and absence of recent data restrict Crisil’s ability to assess the company’s credit risk, which may signal potential credit profile deterioration. Withdrawal of ratings may impact investor confidence and could lead to higher borrowing costs due to increased uncertainty around the company’s financial health.