Anupam Rasayan India Limited — Credit Ratings, 18-12-2025: Credit Rating

Crisil Ratings has reaffirmed Anupam Rasayan's bank loan facilities (Rs. 1369.82 Cr) at 'Crisil A+/Watch Negative' and 'Crisil A1/Watch Negative'. The negative watch persists as the board re-evaluates its rights issue, exploring alternative funding for capital expenditure and working capital. Resolution awaits a firmed-up funding plan.