CRISIL Ratings Limited has affirmed the long-term rating of Yasho Industries Limited's bank facilities at CRISIL BBB+/Positive. The rating applies to the company's total bank loan facilities of ₹200 crore.
The affirmation follows an earlier communication on December 4, 2024, and is pursuant to Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The rated bank facilities include:
Bank | Facility | Amount (₹ Crore) | Rating |
---|---|---|---|
Axis Bank Limited | Term Loan | 40 | CRISIL BBB+/Positive |
The Hongkong and Shanghai Banking Corporation Limited | Working Capital Facility | 55 | CRISIL BBB+/Positive |
Saraswat Bank | Working Capital Facility | 105 | CRISIL BBB+/Positive |
Total | 200 |
The ratings are under continuous surveillance and review by CRISIL Ratings. The validity of the current rating letter extends until August 08, 2026, after which a new rating letter will be required.
Further details regarding the rating and its implications are available on the company's website, www.yashoindustries.com.
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