ICRA Reaffirms [ICRA]A+ Rating for Unichem Laboratories' Rs. 180 Crores Bank Facilities

ICRA has reaffirmed its [ICRA]A+ (Stable) credit rating for Unichem Laboratories' Rs. 180 crores bank facilities, covering Rs. 120 crores in fund-based/non-fund based facilities and Rs. 60 crores in unallocated limits. The company maintains diversified banking relationships with Kotak Mahindra Bank, Citibank N.A., and HDFC Bank. The rating reaffirmation was communicated on April 09, 2026, with the original rating assigned on March 31, 2026.