Sukhjit Starch & Chemicals Limited announced that its trading window will close on 1 July 2026 and remain closed until 48 hours after the unaudited financial results for the quarter ending 30 June 2026 are disclosed. The board meeting to approve these results will be scheduled at a later date.
Sign up to read summarySukhjit Starch & Chemicals Limited announced the Ministry of Corporate Affairs approved its change of registered office to Rehana Jattan, Tehsil Phagwara, Distt. Kapurthala (Pb.), with updated MCA master data attached. The filing confirms the new address and compliance status but contains no financial results, performance metrics, or future guidance. This administrative update reflects operational restructuring without altering the company's active status or capital structure.
Sign up to read summarySukhjit Starch & Chemicals Limited announced a credit rating revision by CRISIL on June 12, 2026, downgrading its long-term bank facilities and fixed deposits from 'Crisil A+/Negative' to 'Crisil A/Stable' while reaffirming the short-term rating at 'Crisil A1'. The downgrade reflects weakened business risk due to lower-than-expected revenue of Rs 1,425 crore in fiscal 2026, projected flat growth in fiscal 2027, and declining operating profitability to 5.26%, which impacted cash accruals at Rs 59 crores versus earlier estimates of Rs 100โ120 crores. The rating rationale cites subdued realizations, raw material price volatility, and moderation in debt protection metrics, including an interest coverage ratio of 2.5 times in fiscal 2026, though stability is expected in fiscal 2027.
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