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04-Sep-2026, 04:47

Shankesh Jewellers Ltd announced that CRISIL Ratings Limited has reaffirmed its ratings on the company's bank loan facilities, including Long-term bank facilities amounting to Rs. 90 Crores, rated Crisil BBB with an outlook revised to Positive, and Bank Loan Facilities totaling Rs. 90 Crore, also rated Crisil BBB/Positive (previously rated Crisil BBB with a Stable outlook), encompassing Cash Credit facilities of Rs. 39 Crore with Kotak Mahindra Bank Limited and Rs. 51 Crore with HDFC Bank Limited, all carrying the Crisil BBB/Positive rating; no other rating agencies were involved, and no enhancements, assignments, or withdrawals were noted in the released rationale.