Milkfood Ltd — Important, 26-08-2025: Company Update

Milkfood Limited's credit ratings for its bank facilities have been downgraded by Infomerics Valuation and Rating Ltd. The long-term bank facilities, totaling 78.90 Cr, are now rated IVR BBB-/Negative, a downgrade from IVR BBB/Negative. Similarly, short-term bank facilities worth 15.50 Cr and proposed short-term facilities of 5.60 Cr were downgraded from IVR A3+ to IVR A3. The rating committee reviewed the company's operational and financial performance for Q1FY26, leading to this update. This downgrade reflects an increased perception of credit risk for the company's total rated bank facilities of 100.00 Cr.