Eastern Treads Ltd — Important, 12-05-2026: Company Update

EASTERN TREADS LIMITED has received a credit rating update from CRISIL Ratings Limited. The long-term rating for its Rs. 30.5 Cr bank loan facilities has been downgraded to CRISIL B-/Stable from B/Stable. This downgrade suggests an increased risk profile for the company, which could potentially impact its future borrowing costs and access to financing. The short-term rating of CRISIL A4 remains reaffirmed. Investors should note that a lower credit rating often indicates higher financial risk.