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Evonile Pharma Limited receives CARE A credit ratings for its bank facilities

(07-Oct-26   18:48)

Novartis India Ltd, now operating as Evonile Pharma Limited, announced on October 7, 2026, that CARE Ratings Limited has assigned credit ratings to the company's bank facilities; specifically, CARE Ratings Limited assigned a CARE A rating to the Long Term Bank Facilities, a CARE A; Stable rating to the Long Term / Short Term Bank Facilities, and a CARE A2+ rating to the Long Term / Short Term Bank Facilities. The rating rationale issued by CARE Ratings Limited is available on its website and also on the company’s website at www.nilpharma.co.in, and this disclosure is made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.