Mangalam Organics Limited — Credit Ratings, 01-07-2026: Credit Rating- Revision

CRISIL Ratings has upgraded Mangalam Organics' long-term bank facilities (Rs. 397 Cr) to CRISIL BBB+/Stable and reaffirmed its short-term facilities at CRISIL A2. Both ratings are now off 'Rating Watch with Developing Implications'. Additionally, its subsidiary, Mangalam Brands, secured a first-time Long-Term rating of CRISIL BBB+/Stable for its Rs. 80 Cr bank facilities.