Aelea Commodities Limited has received a significant GST refund sanction order worth ₹1.95 crores under the Export Promotion Capital Goods (EPCG) scheme. The company announced this development through a regulatory filing with BSE Limited on February 24, 2026.

GST Refund Details

The company received both the GST refund sanction order and the corresponding payment order from the GST Department on February 23, 2026. The refund pertains to the EPCG scheme, which is designed to facilitate exports by allowing duty-free import of capital goods.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation requires listed companies to disclose material events and information that could impact investor decisions.

The communication was signed by Devyani Fenil Vanapariya, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols were followed in the disclosure process.

Financial Impact

The GST refund of ₹1.95 crores represents a positive cash flow development for Aelea Commodities Limited. Such refunds under the EPCG scheme typically arise from export-related activities and can strengthen the company's working capital position. The receipt of both sanction and payment orders indicates the refund process has been completed by the tax authorities.

Aelea Commodities has received a favorable credit rating update from CRISIL, marking a significant improvement in its financial assessment. The rating agency has revised the company's outlook to 'Stable' from the previous 'Negative' stance while simultaneously enhancing the total bank loan facilities.

Credit Rating Details

CRISIL has maintained its confidence in Aelea Commodities by reaffirming key ratings while improving the overall outlook. The comprehensive rating update reflects the company's strengthened financial position and operational stability.

Enhanced Banking Facilities

The company has successfully secured enhanced bank loan facilities worth Rs. 105 crore, representing an increase from the previous Rs. 95 crore. This enhancement in banking facilities, coupled with the improved outlook, demonstrates strengthened relationships with financial institutions and improved access to capital.

Rating Significance

The revision of outlook from 'Negative' to 'Stable' indicates that CRISIL expects the company's credit quality to remain stable over the rating horizon. The reaffirmation of both long-term BBB rating and short-term A3+ rating suggests maintained creditworthiness and adequate financial flexibility for meeting short-term obligations.

The BBB rating indicates adequate credit quality with moderate credit risk, while the A3+ short-term rating reflects adequate liquidity and financial flexibility to meet short-term financial commitments. The stable outlook provides confidence to stakeholders about the company's financial trajectory.