Modern Insulators has received an updated credit rating from CRISIL Ratings.

The total bank loan facilities rated for the company have been enhanced from Rs. 130 Crore to Rs. 165 Crore.

Simultaneously, its long-term rating of 'Crisil A-/Stable' and short-term rating of 'Crisil A2+' have both been reaffirmed.

This positive update signifies the company's stable creditworthiness and an increased capacity for debt financing, which is beneficial for its operational funding and growth plans.