Fermenta Biotech Ltd — Important, 02-10-2025: Company Update
02-10-2025 | 10:04 pm
02-10-2025 | 10:04 pm
Fermenta Biotech Limited has received an upgraded credit rating from CARE Ratings. The rating for its long-term bank facilities, totaling ₹118.94 Cr (reduced from ₹128.17 Cr), was upgraded from CARE BBB-; Stable to CARE BBB; Stable. Additionally, the short-term bank facilities of ₹6.25 Cr were upgraded from CARE A3 to CARE A3+. The total facilities amount to ₹125.19 Cr. This upgrade reflects an improvement in the company's financial profile, potentially leading to better borrowing conditions and stronger investor perception.
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