Archean Chemical's Rs.1531 crore bank facilities downgraded by CRISIL to A-/Stable
Archean Chemical Industries Ltd · Chemicals & Petrochemicals
What the filing says
- CRISIL downgraded ratings on Rs.1531 crore long-term bank facilities of Archean Chemical Industries Limited
- Facilities amount enhanced from Rs.265 crore to Rs.1531 crore, per the filing
- Rating revised from CRISIL A/Negative to CRISIL A-/Stable; the filing letter is dated October 22, 2026
Why it's rated major development: credit rating downgrade is always high
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Credit Rating
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.