Ion Exchange (India) Limited has received confirmation from CRISIL Ratings Limited regarding its existing bank facilities. CRISIL has reaffirmed the ratings, maintaining the Long Term rating at CRISIL A+/ Stable and the Short Term rating at CRISIL A1. This reaffirmation follows an enhancement in the total sanctioned bank loan facilities, which increased from ₹1,849.41 Crore to ₹2,099.74 Crore.
Credit Rating Confirmation Announcement
Ion Exchange (India) Limited formally disclosed an update concerning its credit profile following a review by CRISIL Ratings Limited. The agency has reaffirmed the existing ratings assigned to the company’s bank loan facilities.
Details of Reaffirmed Ratings
The official intimation, dated March 19, 2026, details the following reaffirmed ratings across the various instruments:
- Long Term Rating: Reaffirmed at CRISIL A+/ Stable.
- Short Term Rating: Reaffirmed at CRISIL A1.
Facility Enhancement Noted
The reaffirmation comes alongside an increase in the total quantum of sanctioned bank facilities. The aggregate limit has been enhanced from the previous amount of Rs. 1,849.41 Crore to the current figure of Rs. 2,099.74 Crore.
The Company Secretary & Compliance Officer, Nikisha Solanki, issued the formal notice to the stock exchanges to ensure full transparency regarding the rating status.
Source: BSE
