30-Sep-2026      15:41

Yasho Industries' bank loan facilities affirmed and withdrawn by India Ratings and Research

Yasho Industries Ltd announced that India Ratings and Research Private Limited (Ind-Ra) has affirmed and subsequently withdrawn credit ratings on the company’s bank loan facilities. Specifically, the rating agency affirmed the existing IND BBB+/Positive/IND A2+ rating for bank loan facilities amounting to Rs 4,170.06 million before withdrawing the rating following receipt of a no-objection letter from lenders and a request from the company, as detailed in a press release dated September 30, 2026, with the rationale available at www.indiaratings.co.in/pressrelease/85968 and also accessible on the company’s website at www.yashoindustries.com.

News source: Capital Market - Live News