Synergy Green Industries Limited has informed the Exchange about Credit Rating
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Synergy Green Industries has disclosed CRISIL's credit rating on its bank facilities totaling Rs. 118.72 crore. Long-term facilities have been assigned a rating of CRISIL BBB-/Stable, while short-term facilities are rated CRISIL A3. The rating was the same as the period from April 01 to May 07, 2025, indicating a reaffirmation with no change. Bank-wise details include cash credit and term loan facilities from Saraswat Co-Operative Bank and IndusInd Bank, plus a proposed working capital facility of Rs. 2.52 crore.
This is a routine credit rating disclosure with the rating remaining unchanged, so there is no fresh positive or negative signal for shareholders. CRISIL BBB-/Stable reflects moderate credit quality, the lowest investment-grade tier, suggesting adequate but not strong financial health.