PPAP PPAP Automotive Ltd Credit Rating Changes Announcement 2024 - Credit Rating Downgrade PPAP Automotive Limited has been downgraded by CRISIL to a long term rating of A-/Stable and a short term rating of A2+, due to poor performance in subsidiaries and inability to increase prices for raw materials. The total bank loan facilities rated amount to Rs.200 Crore..Find Corporate Announcements for Press Releases, AGM, Insider Trading & SAST, Results and Corporate Action for PPAP Automotive Ltd