BSECompany Update5h ago · 1 Sept 2026, 02:35 pm
Intimation of Credit Rating Information under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
Chembond Material Technologies Ltd-$ · 530871
✦ AI SummaryRating Change
Chembond Material Technologies Ltd has received credit ratings from ICRA Limited for its bank facilities, with ratings of BBB (Stable) for long-term and A3+ for short-term non-fund based instruments.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Chembond Material Technologies Ltd-$ - 530871 - Announcement under Regulation 30 (LODR)-Credit Rating
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SE/CS/2026-27/30 September 1, 2026
To, To,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block,
Dalal Street, Fort, Bandra-Kurla Complex, Bandra (W),
Mumbai – 400 001 Mumbai – 400 051
Company Scrip Code – 530871 Company Scrip Code – CHEMBOND
Ref: ISIN: INE995D01025
Sub: Intimation of credit rating information under Regulation 30 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we would like to inform you that ICRA Limited ‘Credit Rating Agency’ has assigned
the ratings on the Bank facilities of the Company, as under:
Total Bank Loan Facilities Rated Rs. 65 Crore
Long term – Fund based – Cash credit ICRA BBB (Stable); assigned
Long term/Short term – Non-fund based – Others ICRA BBB (Stable) / ICRA A3+; assigned
Long term/Short term – Unallocated limits ICRA BBB (Stable) / ICRA A3+; assigned
The copy of the letter issued by ICRA Limited is enclosed herewith.
Request you to kindly take the same on record.
Thanking You,
Yours faithfully,
for Chembond Material Technologies Limited
Suchita Singh
Company Secretary & Compliance Officer
Chembond Material Technologies Limited
(formerly Chembond Chemicals Limited)
EL-71, Chembond Centre, Mahape MIDC, Navi Mumbai 400710. INDIA
T: +91 22 62643000 - 03 ● F: +91 22 27681294
www.chembond.in
CIN: L24100MH1975PLC018235
ICRA/Chembond Material Technologies Limited/01092026/1
Date: September 01, 2026
Rashmi Gavli
Chembond Material Technologies Limited
Plot No El-71, TTC Ind Area MIDC Electronic,
Mahape, Thane, Maharashtra, 400710
Dear Madam,
Re: ICRA’s Credit Rating for below mentioned Instruments of Chembond Material Technologies Limited
As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the
following rating actions for the mentioned instruments of your company.
Rated Amount
Instrument Rating Action1 Financial Sector Regulator#
(Rs. crore)
Long-term - Fund-based - Cash credit 2.20 [ICRA]BBB(Stable); assigned RBI
Long-term/Short-term - Non-fund [ICRA]BBB(Stable)
2.53 RBI
based - Others /[ICRA]A3+; assigned
Long-term/Short-term - Unallocated [ICRA]BBB(Stable)
60.27 RBI
limits /[ICRA]A3+; assigned
Total 65.00
#SEBI’s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for activities and
instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI.
The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter.
However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information
becoming available, or the required information not being available, or other circumstances that ICRA believes could
have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for
latest rating(s) of the company.
The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in
the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and
conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used
by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed
by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously
assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from that specified in this
letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement.
The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as
recommendation to buy, sell, or hold the rated instrument availed/issued by your company.
You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount
of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other
developments which may have a direct or indirect impact on the debt servicing capability of the company including any
proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the company with
any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company
to raise funds such as restriction imposed by any authority from raising funds through issuance of debt securities
1 Complete definitions of the ratings assigned are available at www.icra.in.
ICRA Limited
Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41
Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002
www.icra.in info@icraindia.com +91-93547-38909
+0124-4545300 CIN: L74999DL1991PLC042749
through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowing
limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded.
We look forward to your communication and assure you of our best services.
With kind regards,
Yours sincerely,
For ICRA Limited
Prashant Vasisht
Senior Vice President and Co-Group Head
prashant.vasisht@icraindia.com
Sensitivity Label : Internal
Annexure
Details of Bank Limits Rated Amount
Instrument Name Rating Rating Assigned On
by ICRA (Rs. Crore)
HDFC Bank Limited Cash Credit 2.20 [ICRA]BBB(Stable) August 21, 2026
HDFC Bank Limited Non Fund-Based Facilities 2.53 [ICRA]BBB(Stable)/[ICRA]A3+ August 21, 2026
Not Applicable Unallocated Limits 60.27 [ICRA]BBB(Stable)/[ICRA]A3+ August 21, 2026
Total 65.00