Gulshan Polyols Ltd's Credit Rating Reaffirmed by CRISIL as Bank Loan Facilities Rise to Rs 562.3 Crores
CRISIL Ratings Limited has reaffirmed and retained the credit ratings for the bank facilities of Gulshan Polyols Ltd., following a review conducted on July 24, 2026. The rating action reflects an enhancement in the total rated bank loan facilities, which have been increased to Rs 562.3 Crores from previous levels.The reaffirmation covers both long-term and short-term ratings for the company's debt instruments. According to the assessment, the Long Term Rating has been reassessed, with its outlook being revised, while the Short Term Rating was reaffirmed by CRISIL.
Key details of the rating as assessed by CRISIL are provided below:
| Financial Metric | Details |
|---|---|
| Total Bank Loan Facilities Rated | Rs 562.3 Crores (Enhanced from Rs 525 Crores) |
| Long Term Rating Status | Crisil A/Stable (Outlook revised; Rating Reaffirmed) |
| Short Term Rating | Crisil A1 (Reaffirmed) |
The company's bank facilities include various loan types and are linked to several financial institutions, as detailed in the supporting data. The total rated facilities of Rs 562.3 Crores encompass different forms of credit provided by banks and financial entities.
Specific details regarding the outstanding facilities across different banks and facility classes include:
| Bank Facility Type | Lending Bank | Amount (Rs. in Crore) | Rating |
|---|---|---|---|
| Cash Credit | State Bank of India | 130 | Crisil A/Stable |
| Cash Credit | Hongkong & Shanghal Banking Co | 100 | Crisil A/Stable |
| Non-Fund Based Limit | State Bank of India | 40 | Crisil Al |
| Proposed Cash Credit Limit | HDFC Bank Limited | 34.16 | Crisil A/Stable |
| Proposed Working Capital Facility | N/A | 373 | Crisil A/Stable |
| Term Loan | Hongkong & Shanghal Banking Co | 737 | Crisil A/Stable |
| Term Loan | State Bank of India | 146.47 | Crisil A/Stable |
The rating agreement stipulates that CRISIL Ratings maintains continuous surveillance over the ratings and is entitled to revise them based on new information or circumstances, as deemed necessary.
GULPOLY Stock Price Movement
Today, Gulshan Polyols Limited stock rallied, settling at ₹195.12 after closing up 4.66%. The company saw significant activity during the session, with a total traded volume of 583,164 shares recorded.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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