Igarashi Motors India Limited has informed the Exchange about Credit Rating

New Credit FacilityCredit & Debt View source PDF

IGARASHI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+7.0%1-day move

₹275.40

prior close

₹287.50

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+2.6+3.0+3.4+2.4+7.0+10.7+10.6+15.5+13.4+18.4+40.5+39.1+35.9+74.4

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AI summary

Igarashi Motors India received credit ratings from CARE Ratings on March 30, 2026 for its bank facilities totaling Rs. 169.65 crore. The long-term bank facilities rating of CARE A+ (Stable) was reaffirmed on an enhanced amount of Rs. 41.65 crore, up from Rs. 22.65 crore earlier. The long-term/short-term facilities of Rs. 68 crore and Rs. 60 crore also received reaffirmed ratings of CARE A+ (Stable) / CARE A1+. All ratings stand reaffirmed with no change in outlook, indicating stable credit quality and continued banker confidence in the company.

Likely market impact

The reaffirmation of A+/A1+ ratings signals stable creditworthiness and low default risk for shareholders. The nearly 85% enhancement in long-term facility limit (from Rs. 22.65 Cr to Rs. 41.65 Cr) reflects growing lender confidence and provides additional financial headroom for the company's growth plans.