Albert David Limited (ALBERTDAVD) — Announcement

· NSE 🔴 High Importance ⚠️ Negative
📢 Key Event
CARE Ratings downgrades Albert David's bank facilities to CARE A with Negative outlook
🔄 What Changed
Reduced from 51.50 to 50.50 crores for long-term facilities; reduced from 13.00 to 12.00 crores for long-term/short-term facilities
💡 Investor Takeaway
Shareholders face heightened credit risk as the company's bank facilities are downgraded with a Negative outlook.

Albert David Limited received a credit rating downgrade from CARE Ratings on its bank facilities, reducing long-term facilities to ₹50.50 crores and long-term/short-term facilities to ₹12.00 crores, both now rated CARE A with a Negative outlook, reflecting weakened financial performance for FY26.

📄 View Original Announcement (PDF)

About Albert David Limited (ALBERTDAVD)

Healthcare · Pharmaceuticals & Biotechnology · Listed on NSE

Market Cap: ₹411.4 Cr

View full ALBERTDAVD stock details →

📡 Get AI alerts when ALBERTDAVD files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track ALBERTDAVD — Free

📊 More ALBERTDAVD filings

See all ALBERTDAVD filings →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

📡 Get AI alerts when ALBERTDAVD files new disclosures

Track ALBERTDAVD filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track ALBERTDAVD — Free

Free account · 2 AI queries/day