Anupam Rasayan India Ltd., a leading name in the chemical manufacturing sector, has announced an important update regarding its credit ratings. The company informed the exchanges that the Crisil Ratings Limited has upgraded its long-term rating to Crisil A+/Stable, a significant improvement from the previous rating of Crisil A/Positive. The short-term rating remains reaffirmed at Crisil A1.

Key Rating Actions:

• Total Bank Loan Facilities: Rs. 1369.82 Crore (Increased from Rs. 982.15 Crore).
• Long-Term Rating: Upgraded to Crisil A+/Stable (from Crisil A/Positive).
• Short-Term Rating: Reaffirmed at Crisil A1.

The ratings reflect the company’s strong financial performance, robust operational track record, and its ability to meet its financial commitments. The rating upgrade indicates a positive outlook for the company’s creditworthiness, bolstered by its expansion and growth plans.

Company’s Commitment to Growth and Stability:

The upgrade to Crisil A+/Stable aligns with Anupam Rasayan India Ltd.’s ongoing growth trajectory and solidifies its position as a leading player in the specialty chemicals sector. The company continues to focus on enhancing its operational capabilities and expanding its reach in both domestic and international markets.

For the full details of the rating action, please refer to the official Rating Letter dated January 16, 2025, which has been enclosed with this notice. The credit rating update has also been disclosed on the company’s official website, www.anupamrasayan.com.

About Anupam Rasayan India Ltd.:

Founded in 2003, Anupam Rasayan India Ltd. is one of India's leading manufacturers of specialty chemicals, providing key solutions to industries such as agrochemicals, pharmaceuticals, and dyes. The company’s consistent track record of growth, coupled with its commitment to quality and innovation, has made it a key player in the chemical manufacturing sector.

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