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GHCL Textiles Limited's Credit Ratings Upgraded by CARE Ratings
GHCL Textiles Limited
January 9, 2026, 04:32 PM
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GHCL Textiles Limited has announced that CARE Ratings Limited has upgraded the credit ratings for the company's bank facilities. The Long Term / Short Term Bank Facilities, amounting to ₹500 crore, have been upgraded from CARE A-; Stable / CARE A2+ to CARE A; Stable / CARE A1. Additionally, the Short Term Bank Facilities of ₹100 crore have been upgraded from CARE A2+ to CARE A1. The Long Term Bank Facilities of ₹0.00 crore have been withdrawn, based on a No Dues certificate from the bank following the full repayment of term loans.
This rating action was received by the company on January 09, 2026, at 06:20 p.m. (IST). The upgrade is based on recent developments, including the operational and financial performance of GHCL Textiles Limited for H1FY26 (Unaudited).
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