Jamna Auto Industries Ltd Receives Updated Credit Ratings from ICRA Limited
Jamna Auto Industries Ltd announced on April 16, 2026, that rating agency ICRA Limited assigned credit ratings to the company's various bank facilities. The ratings were based on a communication received on April 15, 2026.The rating assignment detailed facilities across long-term, short-term, and working capital segments, covering a total rated amount of 550 Rs. In Crore.
The ratings provided by ICRA Limited for the company's bank facilities are as follows:
| Instrument | Rated Amount (Rs. In Crore) | Rating | Rating Action |
|---|---|---|---|
| Long Term Fund-based Term Loan | 90 | [ICRA]AA (Stable) | Upgraded from [ICRA] AA- (Positive) and outlook revised to Stable from Positive |
| Long Term/Short Term Fund-based/Non-fund based working capital | 460 | [ICRA]AA ; Stable/ [ICRA]A1+ | Long term rating upgraded from [ICRA]AA- (Positive) and outlook revised to Stable from Positive and Short-term rating reaffirmed |
| Total | 550 | ||
| Commercial Paper | 100 | [ICRA]A1+ | Reaffirmed |
JAMNAAUTO Stock Price Movement
Shares of Jamna Auto Industries Limited are edging higher to ₹125.36 as of 12:53 PM, gaining ₹1.55 or 1.25% in live trading. The positive momentum is supported by considerable volume, with 2.77 million shares transacted so far in the market.Source:
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