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As on : 24-Sep-2026
Hot Pursuit
24-Sep-2026     16:15

India Ratings affirms IND A+ ratings for IFB Agro Industries Ltd’s facilities totaling 2,850

IFB Agro Industries Ltd announced rating actions across multiple instruments and agencies, with India Ratings and Research (a Fitch Group Company) assigning and affirming ratings of IND A+/Stable/IND A1+ to existing facilities, alongside a BLR rating letter dated September 24, 2026, and maintaining ratings on Bank Loan Facilities; India Ratings & Research also assigned IND A+/Stable/IND A1+ to Bank loan facilities totaling 1050 and 1, respectively, both actions linked to RBI, and assigned IND A+/SIAbIC/IND Al+ ratings to Fund Based Limit (Cash Credit) of 500.00, Fund Based Working Capital Limit of 250.00, Term Loan of 600.00, and another Fund Based Working Capital Limit of 700.00; furthermore, India Ratings and Research Private Limited reaffirmed a CARE AAA rating with a Stable outlook for Bank Loan Facilities of 100 crore, while CRISIL assigned a similar rating to Bank Loan Facilities, with details on other instruments and agencies remaining unavailable pending further information.

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