Corporate Actions

Back

United Foodbrands Ltd's credit ratings reaffirmed by ICRA, reflecting a stable financial outlook

12-Nov-26 16:47 Hrs IST

United Foodbrands Ltd announced on November 12, 2026, an update regarding credit ratings for its availed credit facilities, formerly known as Barbeque-Nation Hospitality Limited. ICRA Limited, a credit rating agency, has reaffirmed its rating of [ICRA] A (Stable) with a revised outlook to Stable from Negative for the company’s long-term (fund based) – Term Loans, previously rated at Rs 70.50 crore and now at Rs 85.50 crore; additionally, ICRA has reaffirmed [ICRA] A2+ for the short-term (fund based) – Working Capital facilities, previously and currently valued at Rs 15.00 crore, and reaffirmed [ICRA] A2+ for the short-term (non-fund based) – Letter of Credit facilities, previously and currently valued at Rs 10.00 crore, with a total rated amount of Rs 95.50 crore previously and Rs 110.50 crore currently, and has assigned a rating for the enhanced amount.

Attention Investors:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.