AksharChem India Limited — Credit Ratings, 26-02-2026: Credit Rating- Others

CARE Ratings reaffirmed Aksharchem (India) Limited's long-term bank facilities at CARE A- and short-term facilities at CARE A2+. The outlook has been revised from Stable to Negative due to concerns over sustained weak performance, potentially impacting profitability and debt coverage. New short-term bank facilities of ₹20 crore were assigned CARE A2+. The ratings reflect experienced promoters and market presence, but also volatility.