ScoutQuest3 Oct 2026
Shanthi Gears522034Credit rating maintained/reaffirmed

ICRA AA(Stable)/A1+ reaffirmed on Rs.39.00 crore of Shanthi Gears' bank facilities

39.00 (Rs. Crore)Total rated amount
Long-term interchangeable limits rated amount(28.99) (Rs. Crore)
Kotak Mahindra Bank Limited non-fund based limits10.00 (Rs. Crore)
Total rated amount 39.00 (Rs. Crore): Long-term interchangeable limits rated amount (28.99) (Rs. Crore), Kotak Mahindra Bank Limited non-fund based limits 10.00 (Rs. Crore).
Long-term rating
[ICRA]AA(Stable) — reaffirmed
Short-term rating
[ICRA]A1+ — reaffirmed
Total bank facilities rated
Rs.39.00 crore
Non-fund based limits
Rs.38.99 crore
Fund-based overdraft
Rs.0.01 crore

ICRA AA(Stable)/A1+ reaffirmed on Rs.39.00 crore of Shanthi Gears' bank facilities.

[ICRA]AAReaffirmed · ICRA
Reaffirmed by ICRA · [ICRA]AA · outlook Stable.
Rating assigned
ICRA rating communication letter
Company disclosure letter to exchanges
Rating assigned 22 Sep 2026 · ICRA rating communication letter 1 Oct 2026 · Company disclosure letter to exchanges 3 Oct 2026
More numbers
  • Long-term non-fund based limits rated amount38.99 (Rs. Crore)
  • Long-term interchangeable limits rated amount(28.99) (Rs. Crore)
  • Short-term fund-based overdraft rated amount0.01 (Rs. Crore)
  • Total rated amount39.00 (Rs. Crore)
  • Kotak Mahindra Bank Limited non-fund based limits10.00 (Rs. Crore)
  • IDBI Bank Limited non-fund based limits11.99 (Rs. Crore)
  • HDFC Bank Limited non-fund based limits17.00 (Rs. Crore)
  • Total long-term limits38.99 (Rs. Crore)
Source: BSE · 3 Oct 2026

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