CARE Ratings has reaffirmed Jyothy Labs’ long-term bank facilities rating at CARE AA; Stable, following a review. The rating affirmation highlights the company’s stable outlook. Additionally, the outstanding rating of ‘CARE A1+’ for the Commercial Paper has been withdrawn at the company’s request.
Credit Rating Maintained
Jyothy Labs announced that CARE Ratings Limited has reaffirmed its rating for the company’s long-term bank facilities. The long term bank facilities continue to hold a rating of CARE AA; Stable. This decision was communicated in a press release dated September 16, 2025.
Withdrawal of Commercial Paper Rating
At the request of Jyothy Labs, CARE Ratings has withdrawn the ‘CARE A1+’ rating previously assigned to the company’s Commercial Paper. This withdrawal is effective as of September 16, 2025.
Source: BSE
