BSECompany Update2 Sept 2026 · 2 Sept 2026, 10:39 am

The Company voluntarily requested withdrawal of its credit ratings from CRISIL Ratings Limited for the bank facilities availed from Axis Bank Limited, as the sanctioned credit limits are ....

Trident Texofab Ltd · 540726

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Trident Texofab Ltd voluntarily requested withdrawal of its credit ratings from CRISIL Ratings Limited for the bank facilities availed from Axis Bank Limited, as the sanctioned credit limits are below the Bank's requirement for maintaining an external credit rating.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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Trident Texofab Ltd - 540726 - Announcement under Regulation 30 (LODR)-Credit Rating

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CIN No. : Ll7120GJ2008PLC054976 TFIIDENT GST No. : 24AADCT0381R1ZZ 24AADCT()381R2ZY T E )(O tr\a TRIDENT TEXOFAB L!MITED Date: O2.09.2O26 BSE Limited Stock ID: TTFL P. f. Towers, Scrip Code: 540726 Dalal Street, Fort, ISIN: INEO71Y01O13 Mumbai - 400001. Dear Sir/Ma'am, Sub Intimation r sardins withdrawal of credit ratins under Resulation 30 of SEBI flistins Oblisations and Disclosure Requirementsl Reeulations. 201 5 The Company voluntarily requested wrthdrawal of its credit ratings from CRISIL Ratings [,imited for the bank facilities availed from Axis Bank Limited, as the sanctioned credit limits are below the Bank's requirement for maintaining an external credit rating. CRISIL Ratings [,imited, vide its letter dated September 01-, 2026, confirmed the withdrawal of the credit ratings assigned to the Company's bank facilities. The withdrawal was effected upon receipt of the 'No Objection Certificate' from Axis Bank Limited, in line with CRISIL's policy on credit rating withdrawal. A copy of the rating withdrawal letter received from CRISIL Ratings Limited is enclosed herewith for your reference. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure RequirementsJ Regulations, 2015. You are requested to kindly take the note ofabove on records, 'f hanking You, Yours Iraithfully FOR TRIDENT TEXOFAB LIMITED RAHUL JARIWALA COMPANY SECRETARY & COMPLIANCE OFFICER M NO. 470164 Regd. Office : 2004,2nd Floor, North Extention, Falsawadi, Ring Road, Surat-395 003. Gujarat (lNDlA) Phone: +91-261-2451274,2451284 Email : info@tridenttexofab.com, account@tridenttexofab.com Website : www.tridenttexofab.com CONFIDENTIAL RL/TRTABL/404226/BLR/0926/157926 September 01, 2026 Mr. Jenish Jariwala Chief Financial Officer Trident Texofab Limited 2nd Floor, North Extension, Falsawadi, Begumpura, Nodh-4-1650, Sahara Darwaja Surat - 395003 8469887511 Dear Mr. Jenish Jariwala, Re: Withdrawal of Crisil Ratings on the bank facilities of Trident Texofab Limited All ratings assigned by Crisil Ratings are kept under continuous surveillance and review. This is in relation to your letter dated August 19, 2026 requesting Crisil Ratings to withdraw its outstanding rating on the captioned bank loan facilities. Crisil Ratings products / activities or ratings of instruments other than securities that are listed or proposed to be listed may fall under the purview of financial sector regulators (FSRs) other than SEBI. In respect of such products / activities or ratings (under the purview of other FSRs such as Reserve Bank of India (RBI), Ministry of Corporate Affairs (MCA), Insurance Regulatory and Development Authority of India (IRDAI), among others), the grievance / dispute redressal and investor protection mechanisms available under SEBI regulations shall not be applicable. A list of products/activities or ratings of instruments falling under the purview of various FSRs along with the names of respective FSRs has been duly disclosed by Crisil Ratings on its website. A link to the same has been provided below for ready reference: https://www.crisilratings.com/en/home/our-business/ratings/regulatory-disclosures/list-of-activities-instruments-and- names-of-regulators.html Crisil Ratings has, after due consideration, withdrawn the ratings assigned to the captioned bank loan facility. The details of these facilities are given below. Total Bank Loan Facilities Rated Rs.20 Crore Long Term Rating Crisil B/Stable (Rating Reaffirmed and Withdrawn) (Bank-wise details as per Annexure 1) Should you require any clarification, please feel free to get in touch with us. With warm regards, Yours sincerely, Nilesh Agarwal Nivedita Shibu Director - Crisil Ratings Director - Crisil Ratings Disclaimer: A rating by Crisil Ratings reflects Crisil Ratings’ current opinion on the likelihood of timely payment of the obligations under the rated instrument, and does not constitute an audit of the rated entity by Crisil Ratings. Our ratings are based on information provided by the issuer or obtained by Crisil Ratings from sources it considers reliable. Crisil Ratings does not guarantee the completeness or accuracy of the information on which the rating is based. A rating by Crisil Ratings is not a recommendation to buy / sell or hold the rated instrument; it does not comment on the market price or suitability for a particular investor. Crisil Ratings has a practice of keeping all its ratings under surveillance and ratings are revised as and when circumstances so warrant. Crisil Ratings is not responsible for any errors and especially states that it has no financial liability whatsoever to the subscribers / users / transmitters / distributors of its ratings. Crisil Ratings’ criteria are available without charge to the public on the web site, www.crisilratings.com. Crisil Ratings or its associates may have other commercial transactions with the company/entity. For the latest rating information on any instrument of any company rated by Crisil Ratings, please visit www.crisilratings.com or contact Customer Service Helpdesk at Crisilratingdesk@crisil.com or at 1800-267-3850 Annexure 1 - Bank-wise details of various facility classes (outstanding facilities) Amount (Rs. S.No. Bank Facility Bank Outstanding Rating in Crore) 1 Cash Credit Axis Bank Limited 13.25 Withdrawn 2 Long Term Loan Axis Bank Limited 3.25 Withdrawn Proposed Fund-Based Bank 3 -- 0.44 Withdrawn Limits 4 Working Capital Term Loan Axis Bank Limited 3.06 Withdrawn Total 20 Annexure: List of instruments and names of regulators of the instruments As required by SEBI CRA Circular dated Feb 10, 2026, a list of activities or instruments falling under the purview of various FSRs, along with the names of respective FSRs, is being disclosed below: A. Rating activities Sr. No. Instrument / activity Name Regulator of the instruments 1 Listed/Proposed to be listed bonds/debentures/preference share (all securities) SEBI 2 Unlisted/Proposed to be unlisted Bonds/Debentures/ Preference share (all securities) MCA 3 Listed PTCs / Securitisation Notes (originated by entities regulated by RBI)* $. RBI 4 Listed PTCs / Securitisation Notes (originated by entities not regulated by RBI)* SEBI 5 Unlisted PTCs / Securitisation Notes (originated by entities regulated by RBI)* RBI 6 Listed Commercial Paper and NCDs with original maturity less than 1 year RBI 7 Unlisted Commercial Paper and NCDs with original maturity less than 1 year RBI 8 Loan Facilities (Fund/Non-Fund Based) from Bank/NBFCs/NHB/FIs ^ RBI 9 External Commercial Borrowings and other similar borrowings RBI 10 Certificates of Deposit RBI 11a Fixed Deposits raised by NBFCs,HFCs, FIs RBI 11b Fixed Deposits raised by Banks + 12 Fixed Deposits raised by corporates other than NBFCs, Banks, HFCs, FIs MCA 13 Inter Corporate Deposits/Loans extended by Corporates MCA 14 Borrowing programme ~ - 15 Issuer Ratings # - 16 Credit Ratings for Capital Protection Oriented Schemes (by Mutal Funds and AIFs) SEBI 17 Credit quality ratings (CQRs) for Mutual Fund Schemes and Schemes of AIFs SEBI 18 Listed Security Receipts $. RBI 19 Unlisted Security Receipts RBI 20 Independent Credit Evaluation (ICE) RBI 21 Expected Loss Ratings (for Loan Facilities (Fund/Non-Fund Based) from Bank/NBFCs/NHB/Fis) + 22 Expected Loss Ratings (Listed/Proposed to be listed bonds/debentures/preference share (all SEBI securities)) 23 Expected Loss Ratings (Unlisted/Proposed to be unlisted Bonds/Debentures/ Preference share (all MCA securities)) 24 Unlisted PTCs / Securitisation Notes (originated by entities not regulated by RBI) * Investor-side regulator such as IRDAI, PFRDA @ * Includes securitisation transactions involving assignee payout, acquirer's payout. ~ The rated instrument may involve issuance of different instruments such as debt securities (listed or otherwise), bank loans, commercial paper (listed or otherwise), etc. The regulator of the instrument may accordingly be SEBI, RBI or MCA and can only be determined [Showing first 8,000 characters — download PDF for full document]