Ambika Cotton Mills Limited — Credit Ratings, 27-08-2026: Credit Rating
27-08-2026 | 12:32 pm
27-08-2026 | 12:32 pm
CRISIL Ratings has upgraded Ambika Cotton Mills' short-term bank facilities to 'CRISIL A1+' and reaffirmed its long-term bank facilities rating at 'CRISIL A+/Stable'. The upgrade reflects ACML's robust liquidity, with a net cash position of ~Rs 198 Cr (up from Rs 135 Cr), and a debt-free balance sheet. The stable outlook emphasizes its established market position and strong financials.
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