Khaitan Chemicals & Fertilizers Limited — Credit Ratings, 19-08-2026: Credit Rating- Revision

India Ratings and Research (Ind-Ra) has affirmed Khaitan Chemicals and Fertilizers’ bank loan facilities at 'IND BBB-/Stable/IND A3', removing the 'Rating Watch with Developing Implications'. This decision is driven by sustained positive EBITDA from SSP sales using spent acid, improved profitability in sulphuric acid sales, and enhanced liquidity via a ₹40.07 Cr ECLGS 5.0 scheme.