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S H Kelkar's bank loan facilities of Rs. 372 Crore reaffirmed as AA- /Negative by Crisil
28-Sep-2026, 04:24
S H Kelkar & Company Ltd announced on September 28, 2026, that Crisil Ratings Limited has reaffirmed the credit rating for the company's bank loan facilities, specifically a Long Term Rating on bank loan facilities of Rs. 372 Crore, changing the rating from CRISIL AA- /Stable to CRISIL AA- /Negative, with no enhancements, assignments, or withdrawals; this reaffirmation is detailed in a letter received by the company on September 28, 2026, at 12:58 p.m. (IST), and no other rating agencies are mentioned in the provided information regarding the Long Term Rating on bank loan facilities of Rs. 372 Crore.