CRISIL Ratings Issues Report on Bank Facilities for Rishabh Instruments Limited
Rishabh Instruments Limited has received a Credit Rating Letter from CRISIL Ratings concerning the bank facility(ies) of the company. The rating assessment covers the company's outstanding debt instruments and facilities.The report details the ratings assigned to the bank facilities as of the announcement date. The total bank loan facilities rated amount to Rs.16.3 Crore.
The credit rating structure provided by CRISIL Ratings is as follows:
| Metric | Rating | Outlook |
|---|---|---|
| Long Term Rating | Crisil BBB+ | Stable |
| Short Term Rating | Crisil A2 |
The rating outstanding on these bank facilities during the period from April 01, 2026, to April 07, 2026, was reported as Crisil BBB+/Stable/Crisil A2. This rating letter remains valid until March 31, 2027.
Details of Bank Facilities Rated
The rating assessment includes bank-wise details for various facility classes. The total outstanding amount across these facilities is Rs.16.3 Crore.| S.No. | Bank Facility | Bank | Amount (Rs. in Crore) | Outstanding Rating |
|---|---|---|---|---|
| 1 | Cash Credit | State Bank of India | 12 | Crisil BBB+/Stable |
| 2 | Letter of credit & Bank Guarantee | State Bank of India | 3 | Crisil A2 |
| 3 | Proposed Working Capital Facility | -- | 1.3 | Crisil BBB+/Stable |
| Total | 16.3 |
The rating lists for the bank facilities are also updated on the CRISIL Ratings website in real time, and publications like Rating Scan and BLR Connect are updated to reflect the latest outstanding ratings.
RISHABH Stock Price Movement
Today, Rishabh Instruments Limited shares edged higher, concluding trading at ₹434.65 after gaining 7.25%. The stock experienced significant activity, settling after a total volume of 174,897 shares traded.Source:
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