Som Distilleries & Breweries Limited Sees Credit Rating Revision
Som Distilleries & Breweries Limited announced a revision to its credit ratings by Infomerics Ratings on March 31, 2026. The company's long-term bank facilities rating has been adjusted to BBB+ from A, while the short-term rating now stands at A2, a decrease from the previous A2+.According to Infomerics Ratings, the rating revision is primarily attributed to the impact of a temporary suspension of the company’s manufacturing license by the Excise Department.
The long-term bank facilities of Woodpecker Distilleries and Breweries Private Limited, a subsidiary of Som Distilleries & Breweries Limited, have also been revised to BBB+ from A by Infomerics Ratings. The short-term rating for the subsidiary has similarly been adjusted to A2 from A2+.
The updated information is available on the company website at www.somindia.com.
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