Khaitan Chemicals & Fertilizers approved increasing its borrowing limit to ₹800 Crore. This provides significant headroom for future debt-funded growth and operational requirements.
Khaitan Chemicals and Fertilizers Ltd plans to increase its borrowing limits from ₹600 Crore to ₹800 Crore. The Board will also consider altering its Articles of Association and approving asset charges to secure the debt at its upcoming meeting on May 14, 2026.
Khaitan Chemicals and Fertilizers Limited submitted its initial disclosure for FY 2026-27, confirming it does not meet the criteria for a 'Large Corporate' as of March 31, 2026. The company reported outstanding borrowings of ₹200.30 Crore and maintained a BBB credit rating from India Ratings and Research Private Limited.