Century Extrusions Ltd announced rating actions from multiple agencies regarding its bank facilities, with Infomerics Valuation and Rating Ltd. upgrading the Long Term Bank Facilities rating to IVR BBB/Positive, revising the outlook from IVR BBB/Stable, while reaffirming the Short Term Bank Facilities rating at IVR A3+; Infomerics reaffirmed the ratings on bank facilities valid for one year from September 16, 2027, and noted ratings for GECL amounting to 0.18, 1.89, and 2.11, with one GECL rating withdrawn and Cash Credit ratings at 15.00, alongside ratings for Cash Credit at 15.00, 11.00, 9.50, 25.00, and one withdrawn, and Letter of Credit and Bank Guarantee ratings at A3+ with two withdrawn, and Purchase Bill/Invoice Bill Discounting Facility at A3+; additionally, Infomerics revised the Total Bank Loan Facilities rating of 3.68 Crore to 'Positive' from a stable outlook, while RBI, MCA, SFBI, and Infomerics Vt and Rating Limited provided ratings for various instruments including Commercial Paper, Loan Facilities, External Commercial Borrowings, Certificates of Deposit, Fixed Deposits, Unlisted Security Receipts, Expected Loss Ratings, Inter Corporate Deposits/Loans, Borrowing programme, Unlisted PTCs / Securitisation Notes, Credit quality ratings (CQRs), Listed Security Receipts, and Commercial Paper, with many of these listed as N/A or withdrawn. |