Vadilal Industries' bank loan facilities downgraded to Rating Watch with Negative Implications by India Ratings
Vadilal Industries Ltd announced on September 23rd, 2026, that India Ratings and Research (Ind-Ra) has placed the company’s bank loan facilities on Rating Watch with Negative Implications. Specifically, the rating action involves the Bank loan facilities, which are currently assigned IND A+/Rating Watch with Negative Implications and IND A1+/Rating Watch with Negative Implications, both now Placed on Rating Watch with Negative Implications. This notification was disseminated to The National Stock Exchange of India Ltd and BSE Limited, as per Regulation 30 of the SEBI (Listing Obligation & Disclosures Requirements) Regulation, 2015, and no enhancements, assignments, or withdrawals of ratings were indicated beyond the placement on Rating Watch with Negative Implications.