ANDHRSUGARThe Andhra Sugars Limited
Andhra Sugars’ bank facilities of ₹160 crore reaffirmed by ICRA at A+ (Stable) and A1+
- Credit rating
- Chemicals - Inorganic
The Andhra Sugars Limited has filed with the exchanges a rating letter from ICRA Limited dated 8 Oct 2026, reaffirming its ratings on bank facilities totalling ₹160 crore. Long-term fund-based working capital facilities of ₹50 crore and unallocated limits of ₹25 crore are rated [ICRA]A+ (Stable).
Short-term non-fund-based working capital facilities of ₹75 crore and unallocated limits of ₹10 crore are rated [ICRA]A1+. All four lines are marked reaffirmed. The letter says the rating becomes due for surveillance within one year.
Inference
The reaffirmation means no change in ICRA’s view of the company. The filing is the rating letter itself, so it does not give the agency’s reasoning.
Reference: Original filing (PDF)
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