Credit Rating

Solara Active Pharma Sciences Limited has announced that Crisil Ratings Limited has upgraded its credit ratings for bank loan facilities totaling Rs. 791.2 Crore. The long-term rating has been upgraded to 'Crisil BBB+/Stable' from 'Crisil BBB/Stable', and the short-term rating has been upgraded to 'Crisil A2' from 'Crisil A3+'. This upgrade reflects an improvement in the company's financial risk profile and creditworthiness.