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CCL Products (India) LimitedCredit Ratings, 27-04-2026: Credit Rating- Revision

27-04-2026 · 08:10 pm

India Ratings & Research affirmed CCL Products (India)'s 'IND AA-' rating for its issuer and ₹1,176 Cr bank loan facilities. The outlook was revised to Stable from Negative, reflecting steady capacity ramp-up, increased EBITDA, and improved net leverage. Further credit metric improvement is anticipated due to operational growth and reduced working capital reliance.

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