ScoutQuest7 Oct 2026
Kanoria Chemicals & Industries506525New rating assigned

Infomerics assigns IVR BBB-/Stable and IVR A3 to Kanoria Chemicals' Rs. 162.07 crore bank facilities

30.00 (Rs. in crore)HDFC Bank letter of credit
State Bank of India cash credit20.00 (Rs. in crore)
HDFC Bank cash credit10.00 (Rs. in crore)
HDFC Bank letter of credit 30.00 (Rs. in crore): State Bank of India cash credit 20.00 (Rs. in crore), HDFC Bank cash credit 10.00 (Rs. in crore).
Long-Term Rating
IVR BBB-/Stable
Short-Term Rating
IVR A3
Total Bank Loan Facilities Rated
Rs. 162.07 crore
Agency
Infomerics Valuation and Rating Ltd.
Action
Assigned

Infomerics assigns IVR BBB-/Stable and IVR A3 to Kanoria Chemicals' Rs. 162.07 crore bank facilities.

IVR BBB-Assigned · Infomerics Valuation and Rating Ltd.
Assigned by Infomerics Valuation and Rating Ltd. · IVR BBB- · outlook Stable.
Mandate contract
Letter accepting ratings
Company intimation date
Rating valid until one year from rating committee date
Mandate contract 19 Aug 2026 · Letter accepting ratings 6 Oct 2026 · Company intimation date 7 Oct 2026 · Rating valid until 5 Oct 2027
More numbers
  • Total bank loan facilities ratedRs. 162.07 Crore
  • EXIM Bank term loan (maturity August 2027)7.41 (Rs. in crore)
  • State Bank of India term loan (maturity December 2031)58.66 (Rs. in crore)
  • HDFC Bank cash credit10.00 (Rs. in crore)
  • State Bank of India cash credit20.00 (Rs. in crore)
  • HDFC Bank letter of credit30.00 (Rs. in crore)
  • Axis Bank letter of credit15.00 (Rs. in crore)
Source: BSE · 7 Oct 2026

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