LUX Industries Receives Credit Rating Reaffirmation from Acuite Ratings
LUX Industries Limited announced the reaffirmation of its credit ratings by Acuite Ratings & Research Limited on February 24, 2026. The rating agency reaffirmed ACUITE AA (Stable) for long-term bank facilities worth ₹464.18 crores and ACUITE A1+ (Stable) for short-term facilities of ₹1.50 crores. The reaffirmation indicates continued confidence in the company's creditworthiness and was disclosed in compliance with SEBI regulations.
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LUX Industries Limited has received reaffirmation of its credit ratings from Acuite Ratings & Research Limited, the company announced in a regulatory filing on February 24, 2026. The development was communicated to both BSE and National Stock Exchange in compliance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
Credit Rating Details
The rating agency has reaffirmed its assessment of the company's bank facilities across two categories. The reaffirmation covers both long-term and short-term banking arrangements, reflecting the agency's continued confidence in the company's financial position.
| Facility Type: | Amount (₹ Crores) | Rating | Status |
|---|---|---|---|
| Long Term Bank Facilities: | 464.18 | ACUITE AA (Stable) | Reaffirmed |
| Short Term Bank Facilities: | 1.50 | ACUITE A1+ (Stable) | Reaffirmed |
The total banking facilities covered under the rating exercise amount to ₹465.68 crores, with the majority comprising long-term arrangements.
Rating Significance
The ACUITE AA (Stable) rating for long-term facilities indicates high credit quality with very low credit risk. The stable outlook suggests that the rating is unlikely to change in the near term. For short-term facilities, the ACUITE A1+ (Stable) rating represents the highest degree of safety regarding timely payment of financial obligations.
Regulatory Compliance
The announcement was made through a formal communication signed by Company Secretary and Compliance Officer Smita Mishra. The disclosure ensures transparency with stakeholders and maintains compliance with stock exchange listing requirements. Credit rating reaffirmations are significant corporate developments that require mandatory disclosure to maintain market transparency and investor awareness.
Historical Stock Returns for Lux Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.57% | -3.46% | +2.67% | -29.51% | -32.73% | -46.63% |
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