Som Distilleries & Breweries Limited — Credit Ratings, 20-08-2026: Credit Rating- New

Infomerics Ratings downgraded SOM Distilleries & Breweries' long-term bank facilities to BB+ (Stable outlook) from BBB, and its short-term rating to A4+ from A3+. This revision, impacting SOM and its subsidiary Woodpecker Distilleries, primarily reflects the temporary suspension of the company’s manufacturing license by the Excise Department.