Arthneeti
Credit ratingMajor development· Adverse for the businessFiled on BSE ·

Zeal Aqua bank loan ratings cut to IVR BB+/Negative, moved to Issuer Not Cooperating

Zeal Aqua · Food Products

Arthneeti Research DeskPublished 1 min read
₹226 CrCredit rating

Key highlights

  • Long-term rating downgraded to IVR BB+ / Negative and short-term to IVR A4+, both ISSUER NOT COOPERATING, per the November 6, 2026 press release
  • Total bank loan facilities rated at Rs. 226.00 crore, regulated by RBI
  • Downgrade follows non-submission of No Default Statements for three consecutive months and lack of management cooperation for rating review

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

Read the filing on BSE (PDF) →

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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.