Sayaji Industries' credit assessment by CARE Ratings has seen an upgrade in outlook.

The agency has reaffirmed the company's ratings for Fixed Deposits of Rs. 40 Crore, Long Term Bank facilities of Rs. 58.80 Crore, and Long Term / Short Term Bank facilities of Rs. 135 Crore at CARE BB+. Significantly, the outlook for these facilities has been revised from Stable to Positive, indicating an improved view on the company's future financial position.

Short Term Bank facilities of Rs. 23.50 Crore were reaffirmed at CARE A4+. This reflects a stronger financial profile for the company.