Nandan Denim Limited's Credit Ratings Reaffirmed by Infomerics Ratings
Nandan Denim Limited (NDL) has announced that it has received its credit ratings from Infomerics Ratings on December 29, 2025. The company's long-term facilities, amounting to ₹279.74 crore, have been...
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Why is Nandan Denim Limited in the news today?
Nandan Denim Limited (NDL) is in the news due to the credit ratings have been reaffirmed without any change, indicating a stable but not improved financial outlook for the company.
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Nandan Denim Limited's Credit Ratings Reaffirmed by Infomerics Ratings
December 29, 2025, 10:08 AM
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Nandan Denim Limited (NDL) has announced that it has received its credit ratings from Infomerics Ratings on December 29, 2025. The company's long-term facilities, amounting to ₹279.74 crore, have been reaffirmed at IVR BBB with a Stable Outlook. Similarly, the short-term facilities of ₹60.00 crore have also been reaffirmed at IVR A3+.
These ratings indicate the company's stable financial standing and its ability to meet its short-term obligations. The reaffirmation suggests that Infomerics Ratings sees no significant change in NDL's creditworthiness since the previous assessment.
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