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Premier Polyfilm Ltd’s debt instruments reaffirmed by CRISIL, including Rs. 54.00 crore in bank loan facilities
11-Aug-2026, 05:54
Premier Polyfilm Ltd announced reaffirmations from both CRISIL and CRISIL Ratings Limited regarding its various debt instruments. CRISIL reaffirmed its ratings following a formal credit rating review letter issued August 10, 2026, to ensure compliance with SEBI regulations; CRISIL Ratings Limited reaffirmed the long-term rating of CRISIL BBB+/Stable and the short-term rating of CRISIL A2 for Total Bank Loan Facilities amounting to Rs. 54.00 Crore, alongside reaffirmations for Cash Credit (YES Bank Limited) at Rs. 14 Crore, Cash Credit (Kotak Mahindra Bank Limited) at Rs. 11.5 Crore, Foreign Exchange Forward (Kotak Mahindra Bank Limited) at Rs. 0.25 Crore, Foreign Exchange Forward (YES Bank Limited) at Rs. 0.75 Crore, Letter of Credit (YES Bank Limited) at Rs. 14.25 Crore, Long Term Loan (Kotak Mahindra Bank Limited) at Rs. 12.38 Crore, Proposed Fund-Based Bank Limits at Rs. 0.04 Crore, and Working Capital Demand Loan (Kotak Mahindra Bank Limited) at Rs. 0.83 Crore; a separate, unspecified re-intimation was also issued, continuing an earlier intimation dated August 10, 2026, with further details not provided.
Premier Polyfilm Ltd announced reaffirmations from both CRISIL and CRISIL Ratings Limited regarding its various debt instruments. CRISIL reaffirmed its ratings following a formal credit rating review letter issued August 10, 2026, to ensure compliance with SEBI regulations; CRISIL Ratings Limited reaffirmed the long-term rating of CRISIL BBB+/Stable and the short-term rating of CRISIL A2 for Total Bank Loan Facilities amounting to Rs. 54.00 Crore, alongside reaffirmations for Cash Credit (YES Bank Limited) at Rs. 14 Crore, Cash Credit (Kotak Mahindra Bank Limited) at Rs. 11.5 Crore, Foreign Exchange Forward (Kotak Mahindra Bank Limited) at Rs. 0.25 Crore, Foreign Exchange Forward (YES Bank Limited) at Rs. 0.75 Crore, Letter of Credit (YES Bank Limited) at Rs. 14.25 Crore, Long Term Loan (Kotak Mahindra Bank Limited) at Rs. 12.38 Crore, Proposed Fund-Based Bank Limits at Rs. 0.04 Crore, and Working Capital Demand Loan (Kotak Mahindra Bank Limited) at Rs. 0.83 Crore; a separate, unspecified re-intimation was also issued, continuing an earlier intimation dated August 10, 2026, with further details not provided.