Diffusion Engineers Ltd Receives Credit Ratings from Acuite Ratings & Research
Diffusion Engineers Ltd has received reaffirmation of its credit ratings for its bank-based facilities from Acuite Ratings & Research Limited. The ratings were issued vide a letter dated April 14, 2026, covering a total outstanding quantum of Rs. 65.50 crore.The ratings assessed cover various facilities, including cash credits, bank guarantees, and letters of credit, from several major banks. The assessment indicates a 'Stable' or 'Reaffirmed' status for the long-term ratings, while short-term facilities have also received favorable rating affirmations.
The ratings issued by Acuite Ratings & Research Limited are detailed below, highlighting the facility, quantum, and specific rating assigned:
| Lender's Name | Facility Type | Quantum (Rs. Cr) | Term | Rating Assigned | ||
|---|---|---|---|---|---|---|
| HDFC Bank Limited | Cash Credit | 20.00 | Long-term | ACUITE A | Stable | Reaffirmed |
| YES BANK LIMITED | Cash Credit | 5.00 | Long-term | ACUITE A | Stable | Reaffirmed |
| Proposed Long Term Bank Facility | 0.50 | Long-term | ACUITE A | Stable | Reaffirmed | |
| HDFC Bank Limited | Bank Guarantee (BLR) | 10.00 | Short-term | ACUITE A1 | Reaffirmed | |
| HDFC Bank Limited | Letter of Credit | 5.00 | Short-term | ACUITE A1 | Reaffirmed | |
| DBS Bank Ltd | Cash Credit | 15.00 | Long-term | ACUITE A | Stable | Reaffirmed |
| ICICI BANK LIMITED | Cash Credit | 7.00 | Long-term | ACUITE A | Stable | Reaffirmed |
| ICICI BANK LIMITED | Bank Guarantee (BLR) | 3.00 | Short-term | ACUITE A1 | Reaffirmed | |
| Total Facilities | 65.50 |
The rating letter remains valid until December 06, 2026.
DIFFNKG Stock Price Movement
Shares of Diffusion Engineers Limited are edging higher to ₹295 as of 1:20 PM today, having gained 0.18% in live trading. The stock maintains momentum, trading on a robust volume of 65,144 shares.Source:
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