Waterbase News

Waterbase Files Q4 FY26 SEBI Compliance Certificate

The Waterbase Limited submitted its quarterly certificate under SEBI Regulation 74(5) for Q4 FY26, confirming proper dematerialisation processes and regulatory compliance through its registrar.

VMT Family Trust confirms SEBI compliance for FY26

VMT Family Trust submits annual compliance confirmation to BSE for FY 2025-26 under SEBI exemption order, backed by independent auditor certificate from P. Karmakar & Co dated 03/04/2026.

Waterbase Limited's Credit Rating Downgraded by CARE Ratings on Weak Financial Performance

CARE Ratings downgraded Waterbase Limited's long-term/short-term bank facilities rating from CARE BBB, Stable/CARE A3+ to CARE BBB-, Stable/CARE A3, citing continuous subdued financial performance in FY25 and H1FY26 with cash losses and declining shrimp feed unit capacity utilization at 13%. The downgrade reflects increased debt levels, reduced liquidity buffer, and operational challenges despite the company's diversification efforts into farm care products and frozen seafood under its established brands.

Waterbase Limited's Credit Rating Downgraded by CARE Ratings

CARE Ratings Limited downgraded Waterbase Limited's long-term/short-term bank facilities worth ₹93.81 crore from CARE BBB, Stable/CARE A3+ to CARE BBB-: Stable/CARE A3, and short-term bank facilities of ₹5.03 crore from CARE A3+ to CARE A3. The downgrade affects the company's banking facilities totaling ₹98.84 crore and indicates a deterioration in the company's creditworthiness assessment.