Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we wish to inform that the Company has obtained ....
BSHSL · price
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Bombay Super Hybrid Seeds Limited has received its first credit rating from ICRA Limited for its bank facilities totaling ₹145 crore. ICRA assigned a [ICRA] BBB+ rating with a Stable outlook for two facilities: Long Term Fund Based Cash Credit of ₹121.50 crore and Long Term Unallocated Limits of ₹23.50 crore. The rating was assigned on May 14, 2026. This is an investment-grade rating, indicating moderate safety regarding timely debt servicing. The facilities are linked to YES Bank (₹70 crore), IndusInd Bank (₹31.50 crore), and ICICI Bank (₹20 crore).
The BBB+ rating is positive for the company as it demonstrates creditworthiness and may help lower borrowing costs. The Stable outlook suggests no immediate rating changes expected, which is reassuring for lenders and investors.