India Glycols Limited — Credit Ratings, 10-03-2026: Credit Rating

CARE Ratings has reaffirmed India Glycols' long-term bank facilities at CARE A- and short-term facilities at CARE A2+. Both ratings are continued on 'Rating Watch with Developing Implications' (RWD). This reflects the ongoing demerger plan, separating biofuel, spirits, and bio-pharma units. CARE will monitor the scheme's final approvals and impact.