Primo Chemicals Ltd — Updates, 23-07-2025: Company Update

Primo Chemicals has received an updated credit rating from CARE Ratings. The company's long-term and long-term/short-term bank facility ratings, including 'CARE BBB-; Stable' and 'CARE A3', have been reaffirmed. Significantly, the outlook for these ratings has been revised from Negative to Stable, reflecting an improved credit profile. Additionally, the long-term bank facilities amount was reduced from Rs. 133.27 Cr to Rs. 102.71 Cr. This positive rating update enhances the company's financial standing and could improve its borrowing terms, signaling greater stability to investors.