Corporate Actions

Century Extrusions' credit ratings reaffirmed by Infomerics, with outlook revisions to Positive

19-Sep-26   13:17 Hrs IST

Century Extrusions Ltd announced reaffirmations and outlook revisions to its credit ratings by multiple agencies, including Infomerics Valuation and Rating Limited, IVR, and INFOMERICS. Infomerics reaffirmed its Long Term Bank Facilities rating of IVR BBB/Positive Outlook, revising the outlook from IVR BBB/Stable, alongside reaffirming its Short Term Bank Facilities rating of IVR A3+. IVR reaffirmed its Bank Facilities ratings of BBB/Stable and BBB/Positive, also revising the outlook for the BBB/Stable rating to BBB/Positive, in addition to reaffirming its Short Term Bank Facilities rating of A3+. INFOMERICS reaffirmed its rating for Bank Loan Facilities of Rs.93.68 Crore at BBB/Positive, revising the outlook to Positive from Stable, and also noted a revision to Positive for Bank facilities with an amount of 0.00. Several instruments across various banks, including RBI Simple State Bank of India, RBI Simple Punjab & Sind Bank, and RBI Simple Bandhan Bank, were also reaffirmed with ratings of IVR BBB/Positive and IVR A3+, while others were withdrawn.

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