Credit Rating Update
India Ratings upgrades Magadh Sugar long‑term rating to IND A+; short‑term IND A1 reaffirmed
May 8–9, 2026: India Ratings & Research upgraded Magadh Sugar & Energy Ltd's long‑term bank facilities to 'IND A+' (Stable) from 'IND A' and reaffirmed short‑term rating at 'IND A1' for aggregate facilities ~INR 9,607.5m (LT INR 3,187.5m; ST INR 6,520m).



