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India Ratings withdrew its rating on Viyash Scientific's ₹35 Crore bank facilities at the company's request. ICRA upgraded its rating to [ICRA] AA- (Stable).
Viyash Scientific Limited received a credit rating upgrade from India Ratings and Research. The long-term rating for INR 35 Crore bank facilities improved to 'IND AA-' with a Stable outlook from 'IND A', while the short-term rating was upgraded to 'IND A1+' from 'IND A1'.
Viyash Scientific Ltd has been assigned an '[ICRA]AA- (Stable)' rating for its Rs. 185.00 Crore Long-term Fund Based Working Capital Facilities. This rating from ICRA Limited is higher than the company's previous long-term rating of 'IND A/Positive' issued by India Ratings & Research, reflecting improved creditworthiness.