Mukand Limited — Credit Ratings, 14-08-2025: Credit Rating

Mukand Limited's credit ratings from CRISIL Ratings have been reaffirmed. The Long-Term rating remains 'CRISIL BBB+/Stable', and the Short-Term rating is 'CRISIL A2'. Additionally, the rating for the Rs. 75 Cr Fixed Deposits has also been reaffirmed at 'CRISIL BBB+/Stable'. This reaffirmation, covering total bank loan facilities of Rs. 1585 Cr, signals that CRISIL views the company's financial health and risk profile as consistent. The 'Stable' outlook indicates expectations of continued credit stability. This stability is positive for investor confidence and suggests a consistent cost of borrowing for Mukand, providing a clear financial standing for future operations.