Monika Alcobev Ltd — Important, 16-09-2025: Company Update

Monika Alcobev Limited has received updated credit ratings for its bank facilities from Infomerics Valuation and Rating. The company's long-term bank facilities, totaling Rs. 136.10 crore (enhanced from Rs. 133.00 crore), were upgraded to IVR BBB/Stable from IVR BBB-/Stable. A new long-term facility of Rs. 18.15 crore was assigned an IVR BBB/Stable rating. Short-term bank facilities, amounting to Rs. 18.75 crore (enhanced from Rs. 15.00 crore), saw their rating upgraded to IVR A3+ from IVR A3. These upgrades indicate an improved credit profile, potentially leading to better borrowing terms and enhanced financial flexibility. The total bank facilities now stand at Rs. 173.00 crore.