Cheviot Company Limited (CHEVIOT) — Announcement

📢 Key Event
Crisil reaffirms Cheviot's bank loan ratings at A+/Stable and A1+ through March 2027

💡 Investor Takeaway
Investors should note the stable credit ratings support the company's borrowing costs and financial credibility, with no immediate downside risk to debt obligations.

Cheviot Company Limited announced that Crisil Ratings reaffirmed its long-term bank loan rating at Crisil A+/Stable and short-term rating at Crisil A1+, maintaining a stable outlook through March 31, 2027. The rating covers a total of ₹34 crores in bank facilities across Axis Bank limits, reflecting ongoing surveillance but no change in credit quality. This reaffirmation underscores confidence in the company's debt servicing capacity and liquidity position, with no new risks disclosed. The rating remains valid until the next review cycle, subject to potential revision based on new information.

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