UPGRADATION OF CREDIT RATING BY CARE RATING LIMITED

Nitin Spinners Ltd has received an upgrade in its credit rating from CARE Ratings Limited. The long-term bank facilities have been upgraded from 'CARE A; Positive' to 'CARE A+; Stable', while the short-term bank facilities rating 'CARE A1' has been reaffirmed. This positive rating action, which considers the company's operational and financial performance for FY26, indicates improved creditworthiness and financial stability for Nitin Spinners.