Trident Texofab Ltd — Important, 06-07-2026: Company Update

TRIDENT TEXOFAB's credit rating for its bank facilities has been downgraded by CRISIL Ratings. The rating moved from 'CRISIL B+/Stable' to 'CRISIL B/Stable'. This downgrade affects various bank facilities totaling 20.00 Cr, including cash credit, long-term loans, proposed fund-based limits, and working capital term loans. This indicates a higher perceived risk by the rating agency, which could impact the company's future borrowing costs and access to credit.