Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) announced the reaffirmation of its credit ratings by Acuité Ratings & Research Limited. The company’s long-term rating has been affirmed at ACUITE AA+ with a Stable outlook, and its short-term rating remains at ACUITE A1+. This reaffirmation indicates continued financial strength and stability for GNFC.
Credit Rating Reaffirmed
Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) has received an affirmation of its credit ratings from Acuité Ratings & Research Limited. The rating agency, in its press release dated August 07, 2026, confirmed the ratings for the company’s financial instruments.
Key Ratings
The long-term rating for GNFC has been reaffirmed at ACUITE AA+ with a Stable outlook. This rating pertains to a quantum of ₹1263.00 crore. Additionally, the short-term rating has been reaffirmed at ACUITE A1+, applicable to a quantum of ₹625.00 crore.
These reaffirmations signify the continued assessment of GNFC’s robust financial health and its capacity to meet its financial obligations.
Source: BSE