Suraj Products Ltd — Important, 07-05-2026: Company Update

Suraj Products Limited received a credit rating upgrade from ICRA Limited. The long-term rating improved from (ICRA) BBB (Stable) to (ICRA) BBB+ (Stable), and the short-term rating moved from (ICRA) A3+ to (ICRA) A2. This positive revision applies to bank loan facilities totaling 57.50 Cr, comprising 16.00 Cr for term loans, 35.00 Cr for cash credit, and 6.50 Cr for non-fund-based limits. This upgrade reflects enhanced creditworthiness, potentially leading to more favorable borrowing terms and signaling improved financial health to stakeholders.