Archean Chemical Industries Limited has officially confirmed its status as a non-Large Corporate entity following a recent review of its financial position. As of March 31, 2026, the company’s long-term bank borrowings stood at ₹77.43 crore. This disclosure clarifies the company’s position regarding compliance requirements applicable to large corporate entities in the financial market.
Financial Borrowing Summary
For the financial year ending March 31, 2026, Archean Chemical Industries Limited reported total long-term bank borrowings of ₹77.43 crore. The debt structure consists of ₹59.85 crore in long-term obligations due beyond one year, while ₹17.58 crore is categorized as current maturities payable within the next twelve months.
Credit Rating Overview
In terms of its credit standing, the company holds a CRISIL A/Negative rating. The agency recently revised the outlook from ‘Stable’ to ‘Negative’ while reaffirming the existing credit rating. This financial assessment reflects the company’s current debt profile and overall market evaluation for the previous fiscal year.
Compliance Status
Based on these financial metrics, the company has formally designated itself as a non-Large Corporate entity. Consequently, requirements pertaining to additional disclosures or financial fine mechanisms applicable exclusively to ‘Large Corporates’ under market framework guidelines are not applicable (NA) to Archean Chemical Industries Limited at this time.
Source: BSE
