CARE Ratings Reviews GHCL Textiles Ltd’s Credit Ratings for Bank Facilities; Reaffirms Portions of Ratings
GHCL Textiles Limited has received an update from CARE Ratings Limited regarding the credit ratings assigned and reaffirmed for various bank facilities provided to the company. The rating review was conducted based on recent developments, including the operational and financial performance of GHCL Textiles Ltd for FY26 (Audited).CARE Ratings Limited reviewed the facilities and assigned or reaffirmed the credit ratings as follows:
| Facilities | Amount | Rating Action | Details |
|---|---|---|---|
| Long Term Bank Facilities | 50.00 Rs. Crore | Assigned | CARE A; Stable |
| Long Term / Short Term Bank Facilities | 450.00 Rs. Crore | Reaffirmed | Reduced from 500.00; Rated CARE A; Stable / CARE A1 |
| Short Term Bank Facilities | 100.00 Rs. Crore | Reaffirmed | CARE A1 |
The ratings assigned and reaffirmed relate to the bank facilities of GHCL Textiles Ltd. The details provided by CARE Ratings Limited indicate that the rating for Long Term/Short Term Bank Facilities was reduced from 500.00 to 450.00 Rs. Crore in this review period.
GHCL Textiles Limited received the information concerning the credit ratings on July 14, 2026.
GHCLTEXTIL Stock Price Movement
Shares of GHCL Textiles Limited slipped by 2.11% on Tuesday, settling at ₹107.97 after the stock shed ₹2.32 from the previous close. The company saw a total traded volume of 499,654 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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