Bannari Amman Spinning Mills Limited — Credit Ratings, 29-06-2026: Credit Rating- Revision

CARE Ratings Limited reaffirmed ratings for BANNARI AMMAN SPINNING MILLS. Long Term Bank Facilities (₹246.39 Cr) are rated CARE BBB-, and Long Term/Short Term Bank Facilities (₹283.00 Cr) are CARE BBB-; Stable / CARE A3. Short Term Bank Facilities (₹83.35 Cr) are CARE A3. The outlook for Long Term ratings was revised from Negative to Stable, reflecting improved FY26 operational and financial performance.