Anupam Rasayan credit ratings reaffirmed after acquisition completion
after close1 source ↓written by the desknot a recommendation
- of Jayhawk Fine
- $150 million acquisition
- facilities rated
- ₹1,369.82 cr
CRISIL Ratings has reaffirmed Anupam Rasayan India Ltd.'s ratings, removing them from ‘Rating Watch with Negative Implications’ after the successful $150 million acquisition of Jayhawk Fine Chemicals LLC. The long-term rating stands at Crisil A+/Stable, while the short-term rating is Crisil A1. This reflects the company's strong business and financial profile despite its working capital intensity.
• Total bank loan facilities rated at ₹1,369.82 cr
• Strong business profile supports ratings
• Positive implications for future financing and investor confidence.
Not investment advice. For informational purposes only.