Lagnam Spintex Limited — Credit Ratings, 30-07-2026: Credit Rating

India Ratings & Research affirmed Lagnam Spintex's existing bank loan facilities (₹388.6 Cr) at 'IND BBB-/Stable' and 'IND A3', concurrently assigning these ratings to additional limits (₹8.61 Cr). The Stable outlook is driven by expected improved operating profitability from a new solar power plant and sustained medium-scale operations. Credit metrics are anticipated to improve with scheduled debt reduction.