Advance Agrolife Limited Upgraded by CARE Ratings
Advance Agrolife Limited announced on March 24, 2026, that CARE Ratings Limited has upgraded and assigned ratings to its various instruments.The ratings are as follows:
| Facilities | Amount (Rs. in Crore) | Rating | Rating Action |
|---|---|---|---|
| Long Term Bank Facilities | 100.89 (Enhanced from 92.09) | CARE BBB+; Stable | Upgraded from CARE BBB; Stable |
| Long Term / Short Term Bank Facilities | 6.00 | CARE BBB+; Stable/ CARE A3+ | Assigned |
| Short Term Bank Facilities | 0.20 | CARE A3+ | Assigned |
| Short Term Bank Facilities | 6.00 | CARE A3+ | Reaffirmed |
According to CARE Ratings, the ratings reflect Advance Agrolife Limited's operational and financial performance for the fiscal year 2025 (Audited) and the nine-month period ending in 2026 (Unaudited). The complete rating letter and rationale are available on the company’s website at www.advanceagrolife.com.
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