Credit Rating Update
CRISIL downgrades Laxmi Organic long‑term rating to AA- (Negative)
CRISIL downgraded Laxmi Organic’s long‑term bank facility rating to CRISIL AA-/Negative from CRISIL AA/Negative and reaffirmed short‑term CRISIL A1+ (incl. Rs 150cr CP); downgrade due to revenue/margin weakness and high capex.





