NSECredit Rating9 Jul 2026 · 9 Jul 2026, 12:50 pm

Credit Rating

Yasho Industries Limited · YASHO

✦ AI Summary▲ PositiveRating Change

Yasho Industries Limited has informed the Exchange about an upgrade in its credit ratings by ICRA Limited. The ratings have been upgraded to [ICRA] A- (Stable) for long-term unallocated limits, fund-based term loans, and fund-based/non-fund based limits. The upgrade is effective from July 09, 2026.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10

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Yasho Industries Limited has informed the Exchange about Credit Rating

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8291904474_09072026125029_intimation.pdf

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Date: July 09, 2026 To, To, BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai– 400 001. Mumbai – 400 051. Scrip Code: 541167 Symbol: YASHO Sub: Intimation of upgrade in Credit Rating of the Company Dear Sir/ Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that ICRA Limited has upgraded the Company’s credit ratings vide its letter dated July 09, 2026, in respect of the bank facilities of the Company, as detailed below: Instrument* Current rated amount Rating action (Rs. crore) Long-Term – Unallocated limits 56.75 [ICRA] A- (Stable); Assigned Long-term - Fund-based - Term 218.25 [ICRA] A- (Stable); Assigned loan Long-term/Short term - Fund 225.00 [ICRA] A- (Stable)/[ICRA] A2+; based/Non fund based – Others Assigned Total 500.00 The rating letter received from ICRA Limited is enclosed herewith. The said intimation shall also be made available on the website of the Company at www.yashoindustries.com. This is for your information and records. Thanking You, For Yasho Industries Limited Rupali Verma Company Secretary & Compliance Officer Membership No. A42923 Encl: A/a YASHO INDUSTRIES LIMITED REGISTERED OFFICE: Office No. 101/102, Peninsula Heights, C.D Barfiwala Marg, Juhu lane, Andheri (West), Mumbai – 400058, India TEL: +91 22 62510100; FAX: +91 22 62510199; E-Mail: info@yashoindustries.com; CIN No: L74110MH1985PLC037900 ICRA Limited ICRA/Yasho Industries Limited/09072026/1 Date: July 09, 2026 Mr. Chirag Shah Chief Financial Officer Yasho Industries Limited Office No. 101/102, Peninsula Heights, C. D. Barfiwala Marg, Juhu Lane, Andheri (West), Mumbai, Maharashtra, 400058 Dear Sir, Re: ICRA's Credit Rating for below mentioned Instruments of Yasho Industries Limited As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating actions for the mentioned instruments of your company. Instrument Rated Amount (Rs. Crore) Rating Action[1] Long-Term - Unallocated limits 56.75 [ICRA]A- (Stable); Assigned Long-term - Fund-based - Term loan 218.25 [ICRA]A- (Stable); Assigned Long-term/Short-term - Fund-based/Non-fund based - Others 225.00 [ICRA]A- (Stable)/ [ICRA]A2+; Assigned Total 500.00 The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company. The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement. [1]Complete definitions of the ratings assigned are available at www.icra.in. Sensitivity Label : Restricted The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company. You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re- schedulement or postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority from raising funds through issuance of debt securities through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded. We look forward to your communication and assure you of our best services. With kind regards Yours sincerely For ICRA Limited Ankit Jain Vice President and Co-Group Head ankit.jain@icraindia.com Sensitivity Label : Restricted Annexure Details of Bank Limits Rated by ICRA Instrument Name Amount (Rs. Crore) Rating Rating Assigned On Axis Bank Limited Fund/Non Fund-based Limits 55.00 [ICRA]A-(Stable)/[ICRA]A2+ June 30, 2026 SVC Co-operative Bank Limited Fund/Non Fund-based Limits 10.00 [ICRA]A-(Stable)/[ICRA]A2+ June 30, 2026 Saraswat Co-operative Bank Limited Fund/Non Fund-based Limits 105.00 [ICRA]A-(Stable)/[ICRA]A2+ June 30, 2026 HSBC Limited Fund/Non Fund-based Limits 55.00 [ICRA]A-(Stable)/[ICRA]A2+ June 30, 2026 Saraswat Cooperative Bank Limited Term Loans 163.25 [ICRA]A-(Stable) June 30, 2026 SVC Co-operative Bank Limited Term Loans 15.00 [ICRA]A-(Stable) June 30, 2026 Axis Bank Limited Term Loans 40.00 [ICRA]A-(Stable) June 30, 2026 Not Applicable Unallocated Limits 56.75 [ICRA]A-(Stable) June 30, 2026 Total 500.00 Sensitivity Label : Restricted