Refex Industries Limited — Credit Ratings, 10-08-2026: Credit Rating

Acuité Ratings & Research Limited has upgraded/assigned ratings for Refex Industries Ltd.'s bank loan facilities totaling Rs. 660.00 Cr. The long-term rating is now ACUITE A with a 'Stable' outlook, upgraded from ACUITE A- for a significant portion. Short-term facilities are upgraded/assigned to ACUITE A1, previously ACUITE A2+.