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Created: 2025-07-10 14:51:18 UTC

Asian Granito India Ltd: Credit Ratings Reaffirmed. 🏦 Infomerics Valuation and Rating Limited has reaffirmed the credit ratings for Asian Granito. The rating action follows the approval of a scheme of arrangement by the NCLT.

Key highlights:

- 𝗟𝗼𝗻𝗴-𝗧𝗲𝗿𝗺 𝗙𝗮𝗰𝗶𝗹𝗶𝘁𝗶𝗲𝘀: ₹145.00 Crores, rated IVR BBB+ with a Stable outlook.
- 𝗦𝗵𝗼𝗿𝘁-𝗧𝗲𝗿𝗺 𝗙𝗮𝗰𝗶𝗹𝗶𝘁𝗶𝗲𝘀: ₹10.00 Crores, rated IVR A2.

This announcement indicates the company's financial stability.

📊 ASIAN GRANITO INDIA LTD | 🏷️ Credit Rating

🌐 Details:

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