Dwarikesh Sugar Industries Limited — Credit Ratings, 25-05-2026: Credit Rating

ICRA has downgraded Dwarikesh Sugar's credit ratings. Long-term bank facilities worth Rs 600 Cr are now [ICRA]A+ (Stable), previously [ICRA]AA- (Negative). Short-term Commercial Paper of Rs 300 Cr also downgraded to [ICRA]A1 from [ICRA]A1+. This reflects a revised assessment of the company's credit profile.