17-Aug-2026      20:27

Sedemac Mechatronics' bank loan facilities upgraded by India Ratings and Research

Sedemac Mechatronics Ltd announced credit rating actions from India Ratings and India Ratings & Research, pertaining to its bank loan facilities and working capital limits. India Ratings upgraded the long-term rating on Bank Loan Facilities to IND A/Stable and affirmed the short-term rating of IND A1, while also upgrading the rating to IND A’/Stable for Auto Components & Equipments; India Ratings & Research upgraded the long-term rating on Bank Loan Facilities amounting to 1,130.9 and 1,018.6, affirmed the short-term rating of IND A1, and assigned a rating of IND A/Stable/IND A1 to Bank Loan Facilities of 1,018.6, alongside ratings for various fund-based working capital limits of 150 (Citibank N.A.), 480 (HDFC Limited), 160 (IndusInd Bank Limited), and 100 (Yes Bank Ltd), as well as term loans of 847.27 (Citibank N.A.), 73.125 (EXIM Bank), 55.755144 (HDFC Limited), and 133.348137 (Yes Bank Ltd), all carrying a rating of IND A/Stable, with no rating data found for any other agency.

News source: Capital Market - Live News