08-Oct-2026      18:29

CARE Ratings reaffirmed credit ratings for Gujarat Ambuja Exports, covering facilities with multiple banks

Gujarat Ambuja Exports Ltd announced the reaffirmation of credit ratings by CARE Ratings Limited, as communicated via email on October 8th, 2026, encompassing several facilities and instruments including a Term Loan-Long Term of Rs 45.00 crore with HDFC Bank Limited (CARE AA-; Positives Reaffirmed; Outlook revised from Stable), Fund-based - LT - Working Capital Limits of Rs 150.00 crore with South Indian Bank Limited (CARE AA-; Positive Reaffirmed; Outlook revised from Stable), Fund-based/Non-fund-based- Long Term of Rs 100.00 crore with Bank of India (CARE AA-; Positives Reaffirmed; Outlook revised from Stable), and a Fund-based - LT - Working Capital Demand loan of Rs 100.00 crore with Yes Bank Limited (CARE AA-; Positive Reaffirmed; Outlook revised from Stable); no other rating agencies were mentioned, and there were no enhancements, assignments, or withdrawals reported.

News source: Capital Market - Live News