ICRA Reaffirms Credit Ratings for Godrej Agrovet Limited, Covering Long and Short Term Facilities
Godrej Agrovet Limited has received re-affirmation of its credit ratings from ICRA Limited regarding various long term and short term banking facilities and programs. The ratings were confirmed by ICRA in letters dated July 28, 2026.ICRA reaffirmed the company's long term rating for Bank limits and facilities amounting to Rs. 7.50 Crore and another set of Fund Based Facilities totaling Rs. 60.00 Crore. Both facilities carry an [ICRA]AA rating and maintain a 'Stable' outlook.
For short term ratings, ICRA provided the following affirmations:
- A short term rating of '[ICRA]A1+' was reaffirmed for Bank limits or facilities amounting to Rs. 236.20 Crore (Fund Based Facilities).
- The short term rating of '[ICRA]A1+' was also reaffirmed for Cash Credit Bank limits or facilities, covering Non-Fund Based Facilities amounting to Rs. 425.00 Crore.
Furthermore, the ICRA reconfirmation extended to the Commercial Paper program at a value of Rs. 1,500 Crore, maintaining a short term rating of '[ICRA]A1+'.
The reaffirmed ratings cover both long term and short term credit exposure for Godrej Agrovet Limited.
GODREJAGRO Stock Price Movement
Today, Godrej Agrovet Limited saw its stock climb, settling at ₹577.1 after gaining 0.54% in a positive close. The shares traded within an intraday range of ₹570 to ₹578.8, with a total volume recorded of 196,782 shares.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.