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Khaitan Chemicals & Fertilizers credit rating announcements

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13:21 IST BSE
Credit RatingKhaitan Chemicals & Fertilizers Ltd KHAICHEM

Khaitan Chemicals & Fertilizers Credit Rating

India Ratings and Research (Ind-Ra) has downgraded Khaitan Chemicals and Fertilizers Limited's bank facilities worth ₹536.31 Crore to 'IND BBB-'. The ratings have also been placed on 'Rating Watch with Developing Implications' due to constrained financial flexibility and subdued profitability in the SSP segment amid rising raw material costs and regional conflict.

Value
₹536.3 Cr