CRISIL Rates Terai Tea Company Ltd's Bank Facilities at BBB-/Stable and A3
Terai Tea Company Ltd has received a credit rating from CRISIL Ratings regarding its bank facilities, covering total outstanding loan commitments valued at Rs. 49.81 Crore. The ratings, effective as of the period spanning April 01, 2026, to May 03, 2026, assign a Long Term Rating (LTR) of Crisil BBB-/Stable and a Short Term Rating (STR) of Crisil A3.The rating reflects the company's bank loan facilities across various banks and instrument types. The total rated amount stood at Rs. 49.81 Crore.
A breakdown of the facilities and their respective ratings is detailed below:
| Facility Type | Bank Name | Outstanding Amount (Rs) | Rating |
|---|---|---|---|
| Cash Credit | Union Bank of India | 24.52 | Crisil BBB-/Stable |
| Cash Credit | Bank Of India | 6.73 | Crisil BBB-/Stable |
| Cash Credit | Central Bank ofIndia | 6.89 | Crisil BBB-/Stable |
| Cash Credit | YES Bank Limited | 10 | Crisil BBB-/Stable |
| Bank Guarantee | Central Bank ofIndia | 0.6 | Crisil A3 |
| Bank Guarantee | Union Bank ofIndia | 03 | Crisil A3 |
| Bank Guarantee | Bank Of India | 0.4 | Crisil A3 |
| Overdraft Facility | YES Bank Limited | 0.05 | Crisil BBB-/Stable |
| Proposed Working Capital Facility | - | 032 | Crisil BBB-/Stable |
The ratings are kept under continuous surveillance and the provided rating letter is valid until March 31, 2027.
Stock Price Movement
Terai Tea Company Ltd shares settled at ₹103.25 on Thursday, edging higher after gaining 1.98%. The stock moved intraday between a low of ₹103.00 and a high of ₹105.60.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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