Paradeep Phosphates Limited — Credit Ratings, 27-01-2026: Credit Rating- Revision

ICRA Limited upgraded Paradeep Phosphates' credit ratings for its bank facilities and commercial paper. Long-term ratings moved from [ICRA]A+ (watch) to [ICRA]AA- with a Stable Outlook. Short-term ratings were upgraded from [ICRA]A1 (watch) to [ICRA]A1+. This upgrade reflects enhanced creditworthiness, a positive development for the company.