NSECredit Rating2 Jul 2026 · 2 Jul 2026, 11:53 pm

Credit Rating

Vedant Fashions Limited · MANYAVAR

✦ AI SummaryRating Change

Vedant Fashions Limited has informed the Exchange about the reaffirmation of its credit rating by CRISIL Ratings Limited. The credit rating for the company's bank facilities has been reaffirmed as CRISIL AA with a stable outlook, and the rating for commercial paper has been reaffirmed as CRISIL A1+ with a stable outlook.

Analysis Scores

Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment6/10

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Full Announcement

Vedant Fashions Limited has informed the Exchange about Credit Rating

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MANYAVAR_02072026235256_VFLInti_CR_02072026.pdf

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July 02, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C-1, Block-G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai – 400051 Mumbai – 400001 NSE Symbol: MANYAVAR BSE Scrip Code: 543463 Madam / Sir, Sub : Intimation of Reaffirmation of Credit Rating of Vedant Fashions Limited (the “Company”) Ref : Information under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”) Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and basis the communication received from CRISIL Ratings Limited (“CRISIL Ratings”), we wish to inform you that CRISIL Ratings, vide its Credit Rationale dated July 02, 2026 has reaffirmed its credit rating assigned to the bank facilities of the Company, details of which are provided as below: Name of the Type of Facility Existing Rating Revised Rating Rating Action Company CRISIL AA CRISIL AA Vedant Long-Term Bank Facilities Reaffirmed Outlook: Stable Outlook: Stable Fashions Limited Commercial Paper CRISIL A1+ CRISIL A1+ Reaffirmed The detailed rating rationale is available on the website of CRISIL Ratings at: https://www.crisilratings.com/en/home/our-business/ratings/company-factsheet.VDFNL.html The above information is also being made available on the website of the Company at www.vedantfashions.com in accordance with Regulation 46 of the Listing Regulations. We request you to kindly take the aforesaid information on record and disseminate the same on your respective websites. Thanking you. For, Vedant Fashions Limited Navin Pareek Company Secretary and Compliance Officer ICSI Memb. No.: F10672 Vedant Fashions Limited Registered Office: 19, Canal South Road, Paridhan Garment Park, SDF-1. 4th Floor, A501-A502, Kolkata: 700015, Phone: +91 3361255353 Email: info@vedantfashions.com | Website: www.vedantfashions.com | CIN: L51311WB2002PLC094677