Prataap Snacks Limited has announced that ICRA Limited has assigned credit ratings to the company's fund-based and unallocated instruments totaling ₹100 crore. Specifically, the long-term fund-based cash credit facility of ₹50 crore and the long-term unallocated facility of ₹50 crore have been reaffirmed at '[ICRA]A+' rating. However, the outlook for these instruments has been revised from stable to negative. This rating action was taken on July 08, 2026, and the details were communicated to the company on July 09, 2026. The company has enclosed the rating letter from ICRA Limited and will also make this intimation available on its website, www.yellowdiamond.in. The rating letter from ICRA also provides details of the specific banks involved in the cash credit limits, including ICICI Bank Limited and Kotak Mahindra Bank Limited, each with a limit of ₹25 crore. ICRA has stated that the ratings will be due for surveillance within one year and reserves the right to review or revise them based on new information or circumstances impacting the company's debt servicing capability.
