Navin Fluorine International Limited and its wholly owned subsidiary, Navin Fluorine Advanced Sciences Limited, have received an upgraded credit rating from CARE Ratings Limited. The long-term bank facilities for both entities have been enhanced, reflecting improved financial standing. This upgrade signifies increased confidence in the company’s creditworthiness and operational stability.
Navin Fluorine and Subsidiary Receive Credit Rating Upgrade
Navin Fluorine International Limited, along with its wholly owned subsidiary Navin Fluorine Advanced Sciences Limited, has been granted an upgraded credit rating by CARE Ratings Limited. This development, effective August 13, 2026, pertains to the long-term bank facilities of both entities.
Details of Rating Revision
For Navin Fluorine International Limited, the long-term bank facilities rating has been revised from CARE AA; Stable to CARE AA+; Stable. Similarly, Navin Fluorine Advanced Sciences Limited’s long-term bank facilities have seen an upgrade. The credit-enhanced facilities have moved from CARE AA (CE); Stable to CARE AA+ (CE); Stable, while the unsupported facilities have been upgraded from CARE AA- to CARE AA; Stable.
The company has made this intimation available on its official website, www.nfil.in, for stakeholders’ reference.
Source: BSE
