CARE Ratings reaffirmed the credit rating of Manali Petrochemical Ltd.'s long-term bank facilities at CARE A+; Stable for Rs. 50 crore and Rs. 25 crore, while assigning a new rating for Rs. 25 crore long/short term facilities and reaffirming short-term facilities at Rs. 25 crore as CARE A1+. A rating previously assigned for a proposed facility of Rs. 25 crore has been withdrawn as it was not availed.