Modi Naturals Ltd — Important, 29-04-2026: Company Update
29-04-2026 · 10:26 am
Modi Naturals Limited has received an upgraded credit rating from Infomerics Valuation and Ratings. The long-term rating improved to IVR BBB/Stable, while the short-term rating was upgraded to IVR A3+. This positive revision covers total bank loan facilities of Rs. 65.00 Crore, including Rs. 55.00 Crore in cash credit and Rs. 10.00 Crore in letter of credit/bank guarantee from SBI. The upgrade reflects an assessment of the company's improved operational and financial performance, signalling enhanced creditworthiness to stakeholders.
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