Pondy Oxides' Credit Rating Reaffirmed by CRISIL for Bank Loan Facilities
Pondy Oxides & Chemicals Ltd has seen its credit rating reviewed and reaffirmed by CRISIL Rating Limited, effective July 15, 2026. The ratings pertain to the company’s total bank loan facilities.The review focused on the Long Term Rating associated with Fund Based: Working Capital Demand Loans, which amounts to Rs. 240.00 Crore.CRISIL Ratings has updated the status of these long-term facilities, moving from its previous rating to a reaffirmed positive classification. The details of the ratings for the bank facility are provided below:ParticularsBank FacilityAmount (Rs. in Crore)Previous Rating (CRISIL Ratings)Revised Rating (CRISIL Ratings)Long Term...