Pasupati Spinning & Weaving Mills Ltd — Important, 07-07-2026: Company Update

Pasupati Spinning and Weaving Mills Ltd's long-term credit rating for bank loan facilities has been upgraded by India Ratings & Research Private Limited. The rating improved to 'IND BB' with a Stable Outlook, up from 'IND BB-'. The short-term bank facilities were affirmed at 'IND A4+'. This upgrade applies to bank loan facilities totaling INR 49.02 Cr and INR 5.98 Cr. This development indicates improved creditworthiness, which can positively impact the company's borrowing costs and financial standing.