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Credit Ratings

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All credit ratings obtained by the entity for all its outstanding instruments, updated immediately as and when there is any revision in any of the ratings

FY 2025-26

S. No.	Facilities	Ratings assigned by the Agency
1	Cash Credit	CRISIL A/Negative
2	Cash Credit	CRISIL A/Negative
3	Non-Fund Based Limit	CRISIL A1
4	Proposed Cash Credit Limits	CRISIL A/Negative
5	Term Loan	CRISIL A/Negative
6	Term Loan	CRISIL A/Negative

FY 2024-25

S. No.	Facilities	Ratings assigned by the Agency
1	Cash Credit	CRISIL A/Stable
2	Cash Credit	CRISIL A/Stable
3	Long Term Loan	CRISIL A/Stable
4	Long Term Loan	CRISIL A/Stable
5	Non-Fund Based Limit	Crisil A1
6	Proposed Fund-Based Bank Limits	CRISIL A/Stable

FY 2023-24

S. No.	Facilities	Ratings assigned by the Agency
1	Long-Term Bank Facility	CRISIL A/Stable
2	Short-Term Bank Facility	CRISIL A1

FY 2022-23

S. No.	Facilities	Ratings assigned by the Agency
1	Long-Term Bank Facility	‘CRISIL A+/Negative’
2	Short-Term Bank Facility	‘CRISIL A1’

FY 2021-22

S. No.	Facilities	Ratings assigned by the Agency
1	Long-Term Bank Facility	‘CRISIL A+/Stable’
2	Short-Term Bank Facility	‘CRISIL A1’

FY 2020-21

S. No.	Facilities	Ratings assigned by the Agency
1	Long-Term Bank Facility	‘CARE A+; Stable’ (Single A Plus; Outlook: Stable)
2	Short-Term Bank Facility	‘CARE A1+’ (A One Plus)

FY 2019-20

S. No.	Facilities	Ratings assigned by the Agency
1	Long-Term Bank Facility	‘CARE A+; Stable’ (Single A Plus; Outlook: Stable)
2	Short-Term Bank Facility	‘CARE A1+’ (A One Plus)

FY 2018-19

S. No.	Facilities	Ratings assigned by the Agency
1	Long-Term Bank Facility	CARE A+ (Single A Plus)
2	Short-Term Bank Facility	CARE A1+ (A One Plus)

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