Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requiements) Regulations, 2015 we would like to inform about the revision in the Credit Ratings of the Company by CRISIL.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tirupati Sarjan Limited has informed BSE that CRISIL Ratings has revised the company's credit ratings downward effective 10th June 2026. The long-term bank facility rating was cut from CRISIL BB-/Stable to CRISIL B+/Stable, moving it deeper into speculative grade territory. The short-term bank facility rating was also lowered from CRISIL A4+ to CRISIL A4. Both revisions signal weaker assessment of the company's creditworthiness by CRISIL on its existing bank borrowings.
The downgrade to B+ places the company firmly in non-investment grade (junk) territory, which may lead to higher borrowing costs, tighter lending terms from banks, and negative sentiment among investors and lenders watching the stock.