APIS India Limited has announced that CARE Ratings Limited has reaffirmed its credit ratings for the company's bank facilities.

The long-term bank facility rating remains CARE BBB; Stable, with the amount increasing from 53.44 Cr to 58.94 Cr.

The short-term bank facility rating is also reaffirmed at CARE A3+, with its amount revised from 43.50 Cr to 38.00 Cr.

This affirmation highlights the company's stable credit profile, which is positive for its financing capabilities and overall financial health.