GHCL Textiles Ratings Reaffirmed by CARE for Bank Facilities; Long Term/Short Term Facility Amount Revised
GHCL Textiles Ltd. has received credit ratings from CARE Ratings Limited regarding its bank facilities, which review the company’s operational and financial performance for FY26 (Audited). The ratings focus on various term and short-term banking arrangements held by the textile company.CARE Ratings Limited assigned or reaffirmed ratings across three categories of bank facilities provided to GHCL Textiles Ltd., as detailed below.
The ratings reviewed included Long Term Bank Facilities, Short Term Bank Facilities, and a combined category covering both Long and Short Term Bank Facilities.
Key rating details include:
| Facilities | Amount (Rs. Crore) | Rating | Rating Action |
|---|---|---|---|
| Long Term Bank Facilities | 50.00 | CARE A-; Stable | Assigned |
| Long Term / Short Term Bank Facilities | 450.00 | CARE A; Stable / CARE A1 | Reaffirmed |
| Short Term Bank Facilities | 100.00 | CARE A1 | Reaffirmed |
For the combined Long Term/Short Term Bank Facilities, the reported amount of Rs 450.00 Crore is a reduction from the previous figure of Rs 500.00 Crore.
The review and assignment of these ratings were carried out by CARE Ratings Limited based on recent developments pertaining to GHCL Textiles Ltd.
GHCLTEXTIL Stock Price Movement
GHCL Textiles Limited shares today slipped by 2.11% to settle at ₹107.97, reflecting a decline of ₹2.32 from yesterday's close. The stock traded within the session range of ₹107.25 and ₹110.53, with a volume of 499,654 shares recorded during post-market trading.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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