ScoutQuest12 Oct 2026
Shetron526137Credit rating upgrade

ICRA upgrades Shetron to [ICRA]BBB-(Stable) from [ICRA]BB+(Positive) on Rs.79.32 crore bank facilities

79.32 (Rs in Crore)Total rated bank facilities
Long Term Facilities rated amount46.00 (Rs in Crore)
Short Term Facilities rated amount32.00 (Rs in Crore)
Unallocated Limit rated amount1.32 (Rs in Crore)
Total rated bank facilities 79.32 (Rs in Crore): Long Term Facilities rated amount 46.00 (Rs in Crore), Short Term Facilities rated amount 32.00 (Rs in Crore), Unallocated Limit rated amount 1.32 (Rs in Crore).
Long-term rating
[ICRA]BBB-(Stable) upgraded from [ICRA]BB+(Positive); outlook revised to Stable from Positive
Short-term rating
[ICRA]A3 upgraded from [ICRA]A4+
Total rated bank facilities
Rs.79.32 crore (long-term 46.00 crore, short-term 32.00 crore, unallocated limit 1.32 crore)
Agency
ICRA
Action
Upgraded

ICRA upgrades Shetron to [ICRA]BBB-(Stable) from [ICRA]BB+(Positive) on Rs.79.32 crore bank facilities.

[ICRA]BBB-Upgraded · ICRA
Previously[ICRA]BB+Now[ICRA]BBB-
Upgraded by ICRA · [ICRA]BB+ to [ICRA]BBB- · outlook Stable.
Rating assigned on
ICRA rating letter
Intimation to BSE
Rating assigned on 29 Sep 2026 · ICRA rating letter 6 Oct 2026 · Intimation to BSE 12 Oct 2026
More numbers
  • Total rated bank facilities79.32 (Rs in Crore)
  • Long Term Facilities rated amount46.00 (Rs in Crore)
  • Short Term Facilities rated amount32.00 (Rs in Crore)
  • Unallocated Limit rated amount1.32 (Rs in Crore)
  • Long-term fund-based cash credit33.75 (Rs. Crore)
  • Long-term fund-based term loan12.25 (Rs. Crore)
  • Short-term non-fund based - others32.00 (Rs. Crore)
Source: BSE · 12 Oct 2026

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