Andhra Petrochemicals Ltd — Important, 09-02-2026: Company Update

The Andhra Petrochemicals has received revised credit ratings from ICRA. Its long-term unallocated limits of Rs. 57.18 crore and long-term fund-based working capital facilities of Rs. 35.00 crore have both been downgraded to [ICRA]BBB+ (Negative) from [ICRA]A- (Negative). However, the short-term non-fund based working capital facilities of Rs. 2.00 crore have been reaffirmed at [ICRA]A2+. This revision reflects changes in the company's credit profile and could affect its future borrowing terms for a total of Rs. 94.18 crore in facilities.