Machino Plastics credit rating downgraded to B by CRISIL
after close1 source ↓written by the desknot a recommendation
- the BSE
- 11 Mar 2026
Machino Plastics has been downgraded to Crisil B/Stable from Crisil BB+/Stable due to non-cooperation in providing essential financial data. This rating change impacts the company's bank loan facilities of ₹172.30 cr. The downgrade was officially communicated to the BSE on 11 Mar 2026.
This development may raise concerns among investors and could affect the company's borrowing costs and market perception.
Not investment advice. For informational purposes only.