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Spectrum Electrical Industries Ltd announced that CRISIL Ratings has upgraded its ratings across various instruments, including Total Bank Loan Facilities of Rs.250 Crore, which now carries a Long Term Rating of ‘Crisil A-/Stable’ (previously ‘Crisil BBB + / Stable’) and a Short Term Rating of ‘Crisil A2+’ (previously ‘Crisil A2’); additionally, CRISIL Ratings has also upgraded the rating on Bank Guarantee amounting to 0.14 Crore to ‘Crisil A2+’, Bill Discounting of 1 Crore to ‘Crisil A2+’, Cash Credit of 40 Crore to ‘Crisil A-/Stable’, Cash Credit of 30 Crore to ‘Crisil A-/Stable’, Letter of Credit of 0.21 Crore to ‘Crisil A2+’, Proposed Working Capital Facility of 2.34 Crore to ‘Crisil A2+’, Term Loan of 51.01 Crore to ‘Crisil A-/Stable’, Term Loan of 100.3 Crore to ‘Crisil A-/Stable’, and Working Capital Demand Loan of 25 Crore to ‘Crisil A-/Stable’, with bank-wise details for Bank Guarantee, Bill Discounting, Cash Credit, Cash Credit, Letter of Credit, Proposed Working Capital Facility, Term Loan, Term Loan, and Working Capital Demand Loan provided as per Annexure 1; there were no enhancements, assignments, or withdrawals associated with these rating actions.