Rane (Madras) Limited's Bank Loan Facilities Reaffirmed at Crisil A+/Stable and Crisil A1
Rane (Madras) Limited announced that CRISIL Limited has reaffirmed the credit rating for the company's bank loan facilities. The total bank loan facilities have been enhanced to ₹1,085 Crores from the...
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Why is Rane (Madras) Limited in the news today?
Rane (Madras) Limited (RML) is in the news due to the credit rating has been reaffirmed at stable levels for both long-term and short-term facilities, and the total bank loan facilities have also been enhanced, indicating a positive outlook on the company's financial health and creditworthiness.
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Rane (Madras) Limited's Bank Loan Facilities Reaffirmed at Crisil A+/Stable and Crisil A1
December 30, 2025, 12:10 PM
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Rane (Madras) Limited announced that CRISIL Limited has reaffirmed the credit rating for the company's bank loan facilities. The total bank loan facilities have been enhanced to ₹1,085 Crores from the earlier ₹910.51 Crores.
The long-term facilities have been reaffirmed at 'Crisil A+/Stable', remaining unchanged. Similarly, the short-term facilities have also been reaffirmed at 'CRISIL A1', with no change.
The company received the relevant credit rating letter from CRISIL on December 30, 2025, at 11:55 AM, dated December 29, 2025. This intimation is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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