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India Ratings affirms IND A+ ratings for IFB Agro Industries Ltd’s facilities totaling 2,850
24-Sep-2026, 04:15

IFB Agro Industries Ltd announced rating actions across multiple instruments and agencies, with India Ratings and Research (a Fitch Group Company) assigning and affirming ratings of IND A+/Stable/IND A1+ to existing facilities, alongside a BLR rating letter dated September 24, 2026, and maintaining ratings on Bank Loan Facilities; India Ratings & Research also assigned IND A+/Stable/IND A1+ to Bank loan facilities totaling 1050 and 1, respectively, both actions linked to RBI, and assigned IND A+/SIAbIC/IND Al+ ratings to Fund Based Limit (Cash Credit) of 500.00, Fund Based Working Capital Limit of 250.00, Term Loan of 600.00, and another Fund Based Working Capital Limit of 700.00; furthermore, India Ratings and Research Private Limited reaffirmed a CARE AAA rating with a Stable outlook for Bank Loan Facilities of 100 crore, while CRISIL assigned a similar rating to Bank Loan Facilities, with details on other instruments and agencies remaining unavailable pending further information.