Gujarat Ambuja Exports Limited announced that CRISIL Ratings Limited has upgraded the company’s credit rating to AA/Stable. This upgrade reflects an improved credit profile and financial stability. The rating action was communicated via email on October 28, 2026, and the company has also posted this information on its website.
Credit Rating Enhancement
Gujarat Ambuja Exports Limited has received a significant boost to its financial standing with an upgraded credit rating from CRISIL Ratings Limited. The company’s long-term bank facilities, amounting to ₹649.00 crore, have been upgraded to Crisil AA/Stable. This enhancement signifies a positive assessment of the company’s creditworthiness and its ability to meet financial obligations.
Rating Rationale and Action
The previous rating for these facilities was Crisil AA-/Stable. The upgrade reflects CRISIL’s confidence in Gujarat Ambuja Exports Limited’s financial performance and outlook. This development is expected to potentially lead to more favorable borrowing terms and further strengthen the company’s financial flexibility in the market.
Disclosure Compliance
The company made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation regarding the credit rating upgrade was received via email on October 28, 2026, at 6:20 p.m. The announcement has also been disseminated on the company’s official website, www.ambujagroup.com.
Source: BSE
