Butterfly Gandhimathi Appliances Ltd has announced that CRISIL Ratings Limited has upgraded/reaffirmed their credit rating, as per their letter dated June 13, 2023, on bank facilities availed by the company. The long term bank loan facilities credit rating has been upgraded from CRISIL AA to CRISIL AA/Watch Positive, while the short term bank loan facilities credit rating has been reaffirmed as CRISIL A1+.