Ashnoor Textile Mills Ltd Receives Revised Credit Ratings for Bank Facilities
Ashnoor Textile Mills Ltd has received a revised credit rating from CRISIL Ratings Limited concerning its bank facilities for the financial year 2026-27.According to the review, the company's total bank loan facility, amounting to INR 80 Crores, has been assessed by CRISIL Ratings Limited. The ratings assigned were a CRISIL BBB-/Stable for the long term facility and a CRISIL A3 rating for the short term facility.
The credit rating report provides a detailed breakdown of the 80 Crores facility, specifically concerning Bank of Baroda. The facility structure and associated ratings are detailed below:
| Facility Type | Bank | Outstanding Amount (Rs. in Crore) | Rating |
|---|---|---|---|
| Long Term Loan | Bank of Baroda | 26 | Crisil BBB-/Stable |
| Non-Fund Based Limit | Bank of Baroda | 4 | Crisil A3 |
| Packing Credit | Bank of Baroda | 50 | Crisil A3 |
| Total | 80 |
Stock Price Movement
Ashnoor Textile Mills Ltd shares settled at ₹40.85 today, closing down 0.24% on Monday. Throughout the trading session, the stock fluctuated between an intraday low of ₹40.85 and a high of ₹41.05.Source:
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