Please find enclosed the clarification with respect to the discrepancy for corporate announcement filed under Regulation 30 received from BSE vide mail dated 23rd July, 2025.
HALDER · price
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Awaiting price reaction for this filing.
Halder Venture has responded to a BSE query about a delay in disclosing a credit rating event under SEBI's Listing Regulations. The company explained that it received the CRISIL rating letter on 30th June 2025 at 8:32 PM and disclosed it to the Exchange on 1st July 2025 at 5:56 PM, which it says is within the required timeline. The underlying rating action was positive: CRISIL reaffirmed the long-term rating at BBB+ and revised the outlook from 'Stable' to 'Positive' on bank loan facilities totaling Rs. 387.27 Crore (enhanced from Rs. 50 Crore). Bank facilities are from Bank of India and ICICI Bank. The clarification is a routine compliance matter, not a penalty or enforcement action.
No negative impact on shareholders. The rating action is actually positive — an upgrade in outlook and a sharp increase in sanctioned credit limits signals improved financial standing, which could support future growth and borrowing capacity.