Shri Vasuprada Plantations Ltd — Important, 23-12-2025: Company Update

SHRI VASUPRADA PLANTATIONS LTD. (formerly Joonktollee Tea & Industries Ltd.) has received a significant credit rating upgrade for its Non-Convertible Debentures. India Ratings & Research, a Fitch Group Company, increased the rating from 'IND B+/Stable' to 'IND BB/Stable'. This positive revision signals an enhanced outlook on the company's financial health and its ability to manage debt. For investors, this generally implies reduced risk associated with the company's debt instruments and could lead to more favorable borrowing terms for future capital needs.