Bodal Chemicals Gets A-/A2+ Credit Rating Upgrade

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CNBC Awaaz•09-12-2025, 12:31
Bodal Chemicals Gets A-/A2+ Credit Rating Upgrade
- •Bodal Chemicals Ltd. received a credit rating upgrade from Infomerics Valuation and Rating Ltd., disclosed on December 9, 2025.
- •The new ratings are IVR A-/Stable for long-term bank facilities and IVR A2+ for short-term bank facilities and proposed Commercial Paper.
- •The IVR A- rating indicates an adequate degree of safety and low to moderate credit risk for long-term obligations.
- •The IVR A2+ rating signifies strong safety in short-term payments and low credit risk.
- •Public shareholding in Bodal Chemicals increased from 35.33% to 35.93% in the September quarter, with the share price currently above ₹50.
Why It Matters: Bodal Chemicals' credit upgrade signals improved financial health.
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