Southern Petrochemicals Industries Corporation Limited — Credit Ratings, 03-12-2025: Credit Rating- Revision

SPIC's credit rating has been upgraded by India Ratings & Research. Its long-term debt, covering NCDs and bank facilities, is now rated 'IND A' from 'IND A-', maintaining a Stable outlook. Short-term debt ratings also improved to 'IND A1' from 'IND A2+'. This positive revision reflects enhanced creditworthiness.