Aarti Surfactants credit rating downgraded by CARE Ratings
pre-market1 source ↓written by the desknot a recommendation
Aarti Surfactants Limited's credit rating has been downgraded by CARE Ratings, impacting its bank facilities and long-term instruments. The downgrade reflects margin pressures affecting financial performance.
Key Points:
• Long-term bank facilities downgraded to CARE BBB+ Stable from CARE A- Stable
• Preference shares downgraded to CARE BBB Stable from CARE BBB+ Stable
This downgrade may raise borrowing costs and affect investor sentiment.
Not investment advice. For informational purposes only.