Tribhovandas Bhimji Zaveri Limited has informed the Exchange about Credit Rating
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Tribhovandas Bhimji Zaveri Limited (TBZ) has informed the stock exchanges that ICRA Limited has re-affirmed its credit rating of [ICRA] A- (Stable) for long-term fund-based working capital, cash credit, and term loans. The rating action was communicated via a letter dated 24th February 2026. Importantly, the rating was also assigned for an enhanced amount, indicating that the company's sanctioned credit facility limit has been increased. The 'Stable' outlook suggests ICRA expects no near-term change in the company's credit profile.
This is a neutral-to-slightly-positive signal for shareholders — the re-affirmation of investment-grade A- rating with a Stable outlook indicates lenders remain confident in TBZ's financial health, while the enhanced facility limit provides additional liquidity headroom for business expansion or working capital needs.