Pursuant to Regulation 30, and Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, National Peroxide has informed that India Rating & Research has revised its ratings from ‘Ind A’ to ‘Ind A-‘. The reason for downgrade of rating is due to Product concentration risk, subdued financial performance in FY 2025 and Sensitivity to industry trends and commodity price fluctuations. The detailed rationale is given in the enclosed report.
The above information is a part of company’s filings submitted to BSE.
