Raymond Subsidiaries Get CARE Ratings of A+ and A

Raymond Limited announced that CARE Ratings Limited has issued credit rating letters dated December 31, 2025, for various credit facilities availed by its subsidiaries, JK Maini Precision Technology L...

Raymond Limited announced that CARE Ratings Limited has issued credit rating letters dated December 31, 2025, for various credit facilities availed by its subsidiaries, JK Maini Precision Technology Limited and JK Maini Global Aerospace Limited. JK Maini Precision Technology Limited has been assigned a rating of CARE A+; Stable for its Long Term Bank Facilities amounting to ₹500 crore. Additionally, it received a rating of CARE A+; Stable / CARE A1+ for its Long Term / Short Term Bank Facilities of ₹300 crore, and CARE A1+ for its Short Term Bank Facilities of ₹150 crore. The total rated facilities for this subsidiary amount to ₹950 crore. JK Maini Global Aerospace Limited has been assigned a rating of CARE A; Stable for its Long Term Bank Facilities amounting to ₹265 crore. It also received a rating of CARE A; Stable / CARE A1 for its Long Term / Short Term Bank Facilities of ₹170 crore, and CARE A1 for its Short Term Bank Facilities of ₹65 crore. The total rated facilities for this subsidiary amount to ₹500 crore. The ratings are typically valid for one year from the initial communication date of December 30, 2025. CARE Ratings will issue a press release shortly, and clients have until January 02, 2026, to provide any comments on the draft.

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Raymond Limited (RAYMOND) is in the news due to the assignment of credit ratings, especially stable ones, is generally a positive development for subsidiaries as it indicates financial stability and creditworthiness, which can facilitate access to further funding.

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Raymond Subsidiaries Get CARE Ratings of A+ and A

December 31, 2025, 03:42 PM

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Raymond Limited announced that CARE Ratings Limited has issued credit rating letters dated December 31, 2025, for various credit facilities availed by its subsidiaries, JK Maini Precision Technology Limited and JK Maini Global Aerospace Limited.

JK Maini Precision Technology Limited has been assigned a rating of CARE A+; Stable for its Long Term Bank Facilities amounting to ₹500 crore. Additionally, it received a rating of CARE A+; Stable / CARE A1+ for its Long Term / Short Term Bank Facilities of ₹300 crore, and CARE A1+ for its Short Term Bank Facilities of ₹150 crore. The total rated facilities for this subsidiary amount to ₹950 crore.

JK Maini Global Aerospace Limited has been assigned a rating of CARE A; Stable for its Long Term Bank Facilities amounting to ₹265 crore. It also received a rating of CARE A; Stable / CARE A1 for its Long Term / Short Term Bank Facilities of ₹170 crore, and CARE A1 for its Short Term Bank Facilities of ₹65 crore. The total rated facilities for this subsidiary amount to ₹500 crore.

The ratings are typically valid for one year from the initial communication date of December 30, 2025. CARE Ratings will issue a press release shortly, and clients have until January 02, 2026, to provide any comments on the draft.

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