Modern Insulators Ltd — Important, 09-09-2025: Company Update

Modern Insulators' credit ratings for its bank facilities have been upgraded by India Ratings & Research. The fund-based working capital limits of Rs. 120 Crores were upgraded to IND BBB+/Stable/IND A2 from IND BBB/Stable. Additionally, non-fund-based working capital limits of Rs. 11 Crores received an initial rating of IND A2. This upgrade signals improved financial health and potentially better access to capital for the company, which is a positive development for its operations and financial stability.