Indogulf Cropsciences Limited — Credit Ratings, 29-10-2025: Credit Rating- Revision

ICRA has upgraded Indogulf Cropsciences' long-term and short-term credit ratings to [ICRA]A- (Stable)/[ICRA]A1, from [ICRA]BB+ (Stable)/[ICRA]A4+, removing them from 'Issuer Not Cooperating' status. This upgrade follows a Rs. 160 Cr IPO equity infusion, reducing debt and strengthening the capital structure. ICRA expects healthy growth and stable operating margins, maintaining a Stable outlook.