Maan Aluminium Ltd. Receives Credit Rating Reaffirmation from ICRA
Maan Aluminium Ltd. announced on April 4, 2026, that ICRA Ltd. has reaffirmed the credit ratings for the company's bank facilities.ICRA has reaffirmed the Long Term rating for the company’s Fund Based - Cash Credit at BBB+ (Stable). The Short Term rating for the Fund Based - Bill Discounting has been reaffirmed at A2.
The reaffirmed ratings pertain to the following facilities:
| Instrument/Facilities | Rated Amount (Rs. crore) | Rating |
|---|---|---|
| Long Term - Fund Based - Cash Credit | 55 | BBB+ (Stable) |
| Short Term - Fund Based - Bill Discounting | 50 | A2 |
According to ICRA, the ratings are specific to the terms and conditions of the instruments and are subject to review if there are any changes. Lenders and investors are directed to visit ICRA's website at www.icra.in for the latest ratings.
The ratings were assigned on March 24, 2026, and are due for surveillance within one year.
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