Paramount Cosmetics India Ltd — Important, 17-08-2026: Company Update

Paramount Cosmetics (India) Limited has confirmed the withdrawal of its credit rating for loan facilities. This positive development stems from the full repayment of all outstanding debt to IDBI Bank Limited. The company's balance sheet benefits from reduced financial obligations, signaling improved financial health and a stronger position. CareEdge Ratings has officially confirmed the withdrawal, noting no outstanding amounts remain for these facilities.