Credit Rating

Somany Ceramics Limited has announced that CRISIL Ratings Limited has reaffirmed its credit ratings for the company's bank facilities. The long-term bank facilities rating remains 'CRISIL AA-/Stable', and the short-term bank facilities rating stands at 'CRISIL A1+'. This reaffirmation covers total bank loan facilities of Rs. 425 crore. The unchanged ratings indicate stable credit quality and a continued strong capacity to meet financial obligations.