Oswal Pumps Limited has informed the Exchange about Credit Rating- New
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Oswal Pumps Limited has received new credit ratings from ICRA Limited on August 22, 2025. ICRA assigned [ICRA]A+ (Stable) for long-term cash credit facilities of Rs. 335 crore and [ICRA]A1 for short-term non-fund based facilities (letter of credit, bank guarantee, and others) of Rs. 151 crore, totaling Rs. 486 crore. The rated bank limits are spread across State Bank of India, Union Bank of India, Citi Bank, and Yes Bank. These are fresh rating assignments covering the company's working capital and trade finance facilities. A+ with Stable outlook indicates a strong capacity to meet financial commitments with low credit risk.
Positive signal for shareholders — the investment-grade A+ (Stable) rating reflects strong financial health and creditworthiness, which can help the company raise funds at competitive rates. The rating is subject to annual surveillance by ICRA.