Infomerics Assigns Rating to Shree Tirupati Balajee Agro Trading Company Ltd's Bank Loan Facilities
Shree Tirupati Balajee Agro Trading Company Limited has received a credit rating from Infomerics Valuation and Rating Ltd for the bank loan facilities it holds. The rating review considered recent operational and financial performance data for the company covering Fiscal Year 2026 (Audited).The assignment by Infomerics Valuation and Rating Ltd detailed the standing of the total bank loan facilities, which were rated in light of the company's activities and financial status.
Key details regarding the credit rating are as follows:
| Total Bank Loan Facilities Rated | Rating | Regulator |
|---|---|---|
| Rs. 104.00 Crore | IVR BBB+/Stable (Rating Downgraded; Outlook revised to 'Stable' from 'Negative') | RBI |
The rating communication letter, received by the company, confirmed that Infomerics reviewed various aspects of these facilities.
Details concerning the rated bank loan facilities are provided below:
| Lender Name | Size of Facility (Rs. Crore) | Rating Assigned/Outlook | Regulator |
|---|---|---|---|
| Axis Bank | 15.00 | IVR BBB+/ Stable | RBI |
| BANK OF India | 33.00 | IVR BBB+/ Stable | RBI |
| Cooperative Bank | 17.00 | IVR BBB+/ Stable | RBI |
| Union Bank of India | 19.00 | IVR BBB+/ Stable | RBI |
The company noted that the rating is normally valid for one year from the date of the rating committee (June 04, 2027).
Infomerics stated that it reserves the right to conduct a surveillance review of the rating(s) as time warrants. A formal surveillance/review is typically conducted within 12 months from the initial rating or last review.
The company must furnish all material information and data as called for by INFOMERICS in a timely manner to monitor the assigned rating.
BALAJEE Stock Price Movement
Shares of Shree Tirupati Balajee Agro Trading Company Limited slipped on Friday, closing at ₹28.94 after shedding 0.65%. The stock traded a volume of 19,825 shares during the session, touching a daily low of ₹28.76.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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