Hot Pursuit
BSL Ltd announced rating actions and updates from India Ratings & Research, India Ratings, and CRISIL, with information regarding listing department and stock exchange details provided without rating information. India Ratings and Research (Ind-Ra) affirmed the rating of its Bank loan facilities at 5,199.50 with IND BBB- /Negative/IND A3, regulated by the RBI, while also stating a belief that the ratings are credible and continuously evaluating and updating. India Ratings assigned a Stable outlook to its Long-Term Bank Loan with a rating of BB+, and affirmed ratings on several instruments including Fund Based Working Capital Limits of 850.00 (RBI State Bank of India), 530.00 (RBI Punjab National Bank), and 250.00 (RBI Bank of Maharashtra), along with Non-Fund Based Working Capital Limits of 99.00 (RBI State Bank of India) and 136.00 (RBI Punjab National Bank), and Term Loans ranging from 26.40 to 776.10, with various ratings and RBI lenders. CRISIL has rated the Commercial Paper program at 100 crore with an A3+ rating.
