Alicon Castalloy Limited (ALICON) — Announcement | 13 August 2026

Alicon Castalloy Limited received a credit rating reaffirmation from CRISIL Ratings on August 12, 2026, confirming its long-term facility rating of CRISIL A/Stable and short-term rating of CRISIL A1. The rating outlook was revised from Positive to Stable, with no changes to the ratings themselves. The filing details the reaffirmation of all bank facilities totaling Rs. 300 crores across multiple lenders including IDFC First Bank, SBI, Kotak, and others. This rating action reflects CRISIL's continued confidence in the company's banking facilities, though the outlook shift signals a more cautious stance on future performance. The company has not provided forward guidance on rating changes, and no new risks were highlighted beyond standard surveillance language.