JKB Financial Services Ltd.

As on : 23-Sep-2026

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23-Sep-2026 12:29

Flex Foods Ltd. secures credit ratings from ICRA Limited, including a Long Term rating of Rs. 123.50 crores

Flex Foods Ltd announced today, September 23, 2026, that ICRA Limited, a SEBI-registered Credit Rating Agency, has assigned credit ratings to the company's banking facilities, with the detailed rationale available at https://www.icra.in/Rationale/ShowRationaleReport?Id=145729. Specifically, ICRA Limited assigned a rating of [ICRA]BB+ (Stable) for the Long Term - Fund based – Term Loan with a current rated amount of Rs. 123.50 crores, a rating of [ICRA]BB+ (Stable) and [ICRA]A4+ for the Long Term/ Short Term- Fund based /Non fund based-Working capital facilities totaling Rs. 45.00 crores, and a rating of [ICRA]BB+ (Stable) /[ICRA]A4+ for the Long Term/ Short Term- Unallocated totaling Rs. 1.50 crores, all subject to regulatory oversight by the Reserve Bank of India (RBI); no enhancements, assignments, or withdrawals of ratings were indicated beyond these initial assignments.

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