NewsIndia Motor Parts & Accessories Limited Receives Credit Rating Reaffirmation from ICRA LimitedIndia Motor Parts & Accessories Limited Receives Credit Rating Reaffirmation from ICRA Limited
India Motor Parts & Accessories Limited announced that ICRA Limited has reaffirmed the company's credit ratings with [ICRA]AA (Stable) for long term bank credits and [ICRA] A1+ for short term bank credits. The company disclosed this information to stock exchanges under Regulation 30 of SEBI LODR on March 9, 2026, demonstrating continued creditworthiness and regulatory compliance.
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India Motor Parts & Accessories Limited has announced that ICRA Limited has reaffirmed the company's credit ratings, maintaining its assessment of the company's creditworthiness. The company communicated this development to the National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on March 9, 2026.
Credit Rating Details
ICRA Limited, the credit rating agency, has reaffirmed both long term and short term credit ratings for the company's bank credits. The rating reaffirmation demonstrates the agency's continued confidence in the company's financial position and credit profile.
| Type of Instruments | Ratings | Remarks |
|---|---|---|
| Long Term Rating for Bank Credits | [ICRA]AA (Stable) | Rating reaffirmed |
| Short Term Rating for Bank Credits | [ICRA] A1+ | Rating reaffirmed |
Regulatory Compliance
The company has fulfilled its disclosure obligations by informing both the National Stock Exchange of India Limited and BSE Limited about the credit rating reaffirmation. The communication was signed by R. Swetha, Company Secretary & Compliance Officer, ensuring proper regulatory compliance under SEBI LODR requirements.
The [ICRA]AA (Stable) rating for long term bank credits indicates a high degree of safety regarding timely servicing of financial obligations, while the [ICRA] A1+ rating for short term bank credits reflects the highest credit quality with very strong degree of safety for timely payment of financial obligations.
Historical Stock Returns for India Motor Parts & Accessories
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.25% | +0.85% | -4.60% | -0.93% | -3.27% | 0.0% |
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