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Zeal Aqua intimates an Infomerics rating action on ₹226 Crore of bank facilities, downgraded to IVR BB+/Negative and A4+ under Issuer Not Cooperating. The downgrade followed non-submission of No Default Statements.
CRISIL and Infomerics have assigned and reaffirmed credit ratings for Zeal Aqua Ltd. These ratings reflect the company's updated financial standing.
CRISIL reaffirmed Zeal Aqua's bank facility ratings at Crisil BBB/Stable/Crisil A3+. The rated amount was enhanced from Rs.101 Crore to Rs.246 Crore.