ICRA Nepal Reaffirms Daunne Agro Farm’s Issuer Rating at [ICRANP-IR] BB-
Wed, Aug 12, 2026 8:24 AM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has reaffirmed the issuer rating of Daunne Agro Farm Limited (DAF) at [ICRANP-IR] BB-. The rating indicates that the company has a moderate risk of default in meeting its financial obligations on time.
The issuer rating reflects the general creditworthiness of Daunne Agro Farm and does not apply to any specific debt instrument. Within the BB rating category, the “+” and “-” signs indicate the relative position, with BB- representing a rating one notch below BB.
