Pondy Oxides' Credit Rating Reaffirmed by CRISIL for Bank Loan Facilities
Pondy Oxides & Chemicals Ltd has seen its credit rating reviewed and reaffirmed by CRISIL Rating Limited, effective July 15, 2026. The ratings pertain to the company’s total bank loan facilities.The review focused on the Long Term Rating associated with Fund Based: Working Capital Demand Loans, which amounts to Rs. 240.00 Crore.
CRISIL Ratings has updated the status of these long-term facilities, moving from its previous rating to a reaffirmed positive classification. The details of the ratings for the bank facility are provided below:
| Particulars | Bank Facility | Amount (Rs. in Crore) | Previous Rating (CRISIL Ratings) | Revised Rating (CRISIL Ratings) |
|---|---|---|---|---|
| Long Term Rating | Fund Based: Working Capital Demand Loans | 240.00 | CRISIL A I Stable (Assigned) | CRISIL A 1 Positive (Reaffirmed) |
| TOTAL | TOTAL | 240.00 | — | — |
The revised rating reflects the status of the Rs. 240.00 Crore bank facility, confirming the company's standing with CRISIL Ratings Limited.
POCL Stock Price Movement
Today, the equity of Pondy Oxides & Chemicals Limited rallied, closing out today with a gain of 1.49% and settling at ₹1402.90. The stock traded within an intraday range established between ₹1390.40 and ₹1431.80, supported by 224,876 shares traded.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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