GRP Limited — Credit Ratings, 11-12-2025: Credit Rating- Revision

CRISIL Ratings has downgraded GRP Ltd's bank facilities, totaling Rs.152.62 Crore. The long-term rating is now 'BBB+/Stable' (from 'A-/Stable'), and the short-term rating is 'A2' (from 'A2+'). This downgrade reflects a weaker business and financial risk profile due to trade tariffs impacting the company's expected operating performance.