Rishabh Instruments Limited has informed the Exchange about Credit Rating
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Rishabh Instruments has shared with the exchanges a CRISIL credit rating letter dated May 9, 2025, covering its total bank loan facilities of Rs. 16.3 crore. The long-term rating stands at CRISIL BBB/Stable and the short-term rating at CRISIL A3+, covering a Rs. 12 crore cash credit and a Rs. 3 crore letter of credit/bank guarantee from SBI, plus a Rs. 1.3 crore proposed working capital facility. CRISIL confirmed that these ratings were the same ones outstanding during April 1 to May 8, 2025, meaning there has been no change in rating or outlook. The letter is valid until March 31, 2026.
This is a routine disclosure with no change in credit rating or outlook. Investors should note that BBB/Stable indicates a moderate degree of safety regarding timely debt repayment, with no immediate positive or negative signal for the stock.