CRISIL Reaffirms Credit Ratings of Himatsingka Seide Ltd for Bank Facilities
Himatsingka Seide Ltd has received a credit rating update from CRISIL Ratings Limited concerning its bank facilities amounting to Rs. 2738.98 Crore. The ratings were reaffirmed by the agency in communication dated July 10, 2026.The reaffirmation covered both short-term and long-term debt instruments of the company. While the rating for Short Term Debt was maintained, the Outlook for Long Term Debt was adjusted following the review conducted by CRISIL Ratings Limited.
According to the ratings details, Himatsingka Seide Ltd’s financial standing across its debt categories was assessed as follows:
| Particulars | Existing Ratings | Reaffirmed Ratings |
|---|---|---|
| Long Term Debt | CRISIL BBB+ Outlook: Stable | CRISIL BBB+ (Reaffirmed) Outlook Revised: Negative |
| Short Term Debt | CRISIL A2 | CRISIL A2 (Reaffirmed) |
The ratings update provides specific status details for the company’s debt profile, as communicated by CRISIL Ratings Limited.
HIMATSEIDE Stock Price Movement
On Friday, shares of Himatsingka Seide Limited rallied to close at ₹86.67, edging higher by 1.56% in the trading session. The equity saw robust activity, with a total traded volume reaching 467,575 shares.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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