Manorama Industries Receives Credit Rating Upgrade
Manorama Industries Limited announced on March 27, 2026, that Care Edge Ratings has upgraded the ratings for its bank loan facilities. The upgrade reflects a positive assessment of the company’s financial health and performance.The ratings summary is detailed below:
| Facilities/Instruments | Amount (Rs. in Crore) | Rating | Rating Action |
|---|---|---|---|
| Long term bank facilities | 577.90 (Enhanced from 492.90) | CARE A+; Stable | Upgraded from CARE A; Stable |
| Long term / Shortterm bank facilities | 105.00 (Enhanced from 10.00) | CARE A+; Stable CARE Al+ | LT rating and Stable outlook assigned and ST rating upgraded from CARE Al |
Further details regarding the ratings are available on the company’s website at https://manoramagroup.co.in/investors-company-announcementsttcredit ratings.
Deepak Sharma, Company Secretary & Compliance Officer, confirmed the rating upgrade.
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