BSE
Your Result on : Detailed News
Back
Huhtamaki India's long-term bank facility rating reaffirmed as ‘Crisil AA-/Stable’ with Rs. 88 crore loan
12-Aug-26   19:09 Hrs IST

Huhtamaki India Ltd announced that CRISIL Ratings has reaffirmed the long-term bank facility rating of ‘Crisil AA-/Stable’ for a total bank loan facility amount of Rs. 88 crore, while withdrawing the rating for the Commercial Paper facility. The reaffirmation considers the parent notch-up criteria due to operational and financial support from Huhtamaki, and acknowledges that external commercial borrowings of Rs. 200 crore, along with banking facilities, are supported by corporate guarantees from Huhtamaki; CRISIL also noted that the company aims to be carbon neutral by 2030 and maintains over Rs. 400 crore in cash and equivalent along with current investments, with a detailed rationale available at https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/HuhtamakiIndiaLimited_August 12_ 2026_RR_400834.html, and further noted that the credit risk profile will be monitored due to regulatory risks.

Risk Factor   |   Terms & Conditions   |   Privacy Policy   |   Disclaimer   |  Sitemap 
Important Links:   SEBI   |   NSE   |   BSE   |   MCX   |   NCDEX   |   NSDL   |   CDSL  |   FMC
SMS FINANCIAL SERVICES P. LTD -NSE SEBI No. AP1413004363 | BSE SEBI No. AP01091801121968
Ganesh S Shanbhag – AMFI Registered Mutual Fund Distributor. Registration Number – ARN-0988 – Valid Till 01/JUL/ 2027, Date of initial registration: 02/DEC/2004
2017-18 © SMS Financial Services. All rights reserved. Designed, Developed and Maintained by CMOTS InfoTech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)