NSECredit Rating- Revision4d ago · 17 Jul 2026, 05:59 pm
Credit Rating- Revision
Halder Venture Limited · HALDER
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Halder Venture Limited has informed the Exchange about the revision of its credit rating by Crisil Ratings Limited, with the long-term rating reaffirmed at Crisil BBB-/Stable and short-term rating reassigned at Crisil A3.
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Full Announcement
Halder Venture Limited has informed the Exchange about Credit Rating- Revision
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Date: 17.07.2026
To, To,
The Manager The Manager
Listing Compliance Listing Compliance
National Stock Exchange of India Limited Bombay Stock Exchange Ltd. (BSE)
(NSE) 01° Floor, New trading Ring
Exchange Plaza, Phiroze Jeejeebhoy Tower
Bandra – Kurla Complex Bandra (East) Dalal street, Rotunda Building
Mumbai – 400 051 Mumbai-400 001
Symbol: HALDER Scrip Code: 539854
Dear Sir/ Madam,
SUB: Intimation regarding Credit Rating under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that Crisil Ratings
Limited vide its communication dated July 17, 2026 has reaffirmed/assigned the credit rating for the
instruments/facilities of the Company.
The rating issued by Crisil Ratings Limited along with the rationale are enclosed herewith and shall
also be available on the website of the Company www.halderventure.in.
You are requested to take the same in your record.
Thanking you,
Yours Faithfully,
For Halder Venture Limited
Ayanti Sen
(Company Secretary and Compliance Officer)
CONFIDENTIAL
RL/HAVERL/390276/BLR/0726/153292
July 17, 2026
Mr. Mrinal debnath
Chief Financial Officer
Halder Venture Limited
Diamond Heritage, 16 Strand Road,
10th Floor, Saldha,
Calcutta, West Bengal,
Kolkata - 700001
8170014103
Dear Mr. Mrinal debnath,
Re: Review of Crisil Ratings to the bank facilities of Halder Venture Limited
All ratings assigned by Crisil Ratings are kept under continuous surveillance and review.
Please find in the table below the ratings outstanding for the debt instruments/facilities of the company, and the rating
actions by Crisil Ratings on the ratings as on date.
Total Bank Loan Facilities Rated Rs.387.27 Crore
Crisil BBB-/Stable (Migrated from 'Crisil BB+/Stable ISSUER NOT
Long Term Rating
COOPERATING')
Short Term Rating Crisil A3 (Reassigned)
(Bank-wise details as per Annexure 1)
As per our Rating Agreement, Crisil Ratings would disseminate the ratings, along with the outlook, through its
publications and other media, and keep the ratings, along with the outlook, under surveillance over the life of the
instrument/facility. Crisil Ratings reserves the right to withdraw, or revise the ratings, along with the outlook, at any time,
on the basis of new information, or unavailability of information, or other circumstances which Crisil Ratings believes
may have an impact on the ratings. Please visit www.crisilratings.com and search with the name of the rated entity to
access the latest rating/s.
In the event of the company not availing the proposed facilities within a period of 180 days from the date of this letter, a
fresh letter of revalidation from Crisil Ratings will be necessary.
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
This letter will remain valid till March 31, 2027. After this date, please insist for a new rating letter (dated later than March
31, 2027).
Should you require any clarification, please feel free to get in touch with us.
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
With warm regards,
Yours sincerely,
Vishnu Sinha Nivedita Shibu
Associate Director - Crisil Ratings Director - Crisil Ratings
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 Punjab National Bank 30 Crisil BBB-/Stable
2 Cash Credit Central Bank of India 27 Crisil BBB-/Stable
3 Cash Credit Union Bank of India 29 Crisil BBB-/Stable
4 Cash Credit Bank Of India 115 Crisil BBB-/Stable
5 Cash Credit State Bank of India 1 Crisil BBB-/Stable
6 Cash Credit Bank of Baroda 8 Crisil BBB-/Stable
7 Cash Credit Axis Bank Limited 58 Crisil BBB-/Stable
8 Cash Credit ICICI Bank Limited 38 Crisil BBB-/Stable
9 Non-Fund Based Limit Axis Bank Limited 3.1 Crisil A3
10 Proposed Term Loan -- 13.07 Crisil BBB-/Stable
11 Term Loan Bank of Baroda 6.6 Crisil BBB-/Stable
12 Term Loan Central Bank of India 3 Crisil BBB-/Stable
13 Term Loan State Bank of India 21 Crisil BBB-/Stable
14 Term Loan Union Bank of India 33 Crisil BBB-/Stable
15 Term Loan Axis Bank Limited 1.5 Crisil BBB-/Stable
Total 387.27
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: List of instruments and names of regulators of the instruments
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