NSECredit Rating1d ago · 1 Oct 2026, 05:29 pm
Credit Rating
Super Spinning Mills Limited · SUPERSPIN
✦ AI SummaryRating Change
Super Spinning Mills Limited has informed the Exchange about Credit Rating. CARE Ratings Agency has assigned the following credit rating to the Company: Long Term Bank Facilities CARE BB+; Stable Reaffirmed, Short Term Bank Facilities CARE A4+ Reaffirmed.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Super Spinning Mills Limited has informed the Exchange about Credit Rating
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SUPERSPIN_01102026172916_CR_Intimation.pdf
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SUPER
Super Spinning Mills Limited
Regd. & Central Office: "Elg1 Towers" P.B. 7113, Green Fields, 737-D, Puliakulam Road, Coimbatore· 641 045.
CIN: L17111TZ1962PLC001200
October ist, 2026
Listing Department Listing Department
BSE Ltd National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers "Exchange Plaza", C-1, Block G
Dalal Street Bandra - Kurla Complex, Bandra (E)
Mumbai - 400 001 Mumbai -400 051
Scrip Code: - 521180 Scrip Code: - SUPERSPIN
Dear Sir,
Sub: Assignment of Credit Rating - Intimation under Regulation 30(6) of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we wish to inform you that the CARE Ratings Agency has
assigned the following credit rating to the Company.
S.No Facilities Rating Rating Action
1 Long Term Bank Facilities CARE BB+; Stable Reaffirmed
2 Short Term Bank Facilities CARE A4+ Reaffirmed
A copy of letter dt. 30.09.2026 as issued by the rating agency is attached herewith.
Thanking you
Yours truly
For Super Spinning Mills Limited
Mr Sumanth Ramamurthi
Chairman and Managing Director
Phone· +91-422 -2311711 E-mail: super@ssh.saraelgi.com Web: www.superspinning.com
No. CARE/CMBO/RL/2026-27/1130
Shri Sumanth Ramamurthi
Chairman & Managing Director
Super Spinning Mills Limited
ELGI Towers, 737-D, Puliakulam Road,
Coimbatore
Coimbatore
Tamil Nadu 641045
September 30, 2026
Confidential
Dear Sir,
Credit rating for bank facilities
On the basis of recent developments including operational and financial performance of your Company for FY26
(Audited) and Q1FY27 (Unaudited), our Rating Committee has reviewed the following ratings:
Amount
Facilities Rating1 Rating Action
(₹ crore)
Long Term Bank 12.36
CARE BB+; Stable Reaffirmed
Facilities (Reduced from 14.12)
Short Term Bank 1.60
CARE A4+ Reaffirmed
Facilities (Enhanced from 0.39)
2. Refer Annexure 1 for details of rated facilities.
3. The press release for the rating will be communicated to you separately.
4. CARE Ratings Ltd. reserves the right to undertake a surveillance/review of the rating from time to time, based
on circumstances warranting such review, subject to at least one such review/surveillance every year.
1Complete definitions of the ratings assigned are available at www.careratings.com and in other CARE Ratings Ltd.’s publications.
CARE Ratings Limited
T-3, Manchester Square, 3rd Floor, No: 14, Corporate Office :4th Floor, Godrej Coliseum,
Puliakulam Road, Coimbatore - 641037 Somaiya Hospital Road, Off Eastern Express
Phone: +91-422-433 2399/ +91-422-450 2399 Highway, Sion (E), Mumbai - 400 022
Phone: +91-22-6754 3456 • www.careedge.in
CIN-L67190MH1993PLC071691
Page 1 of 4
5. CARE Ratings Ltd. reserves the right to revise/reaffirm/withdraw the rating assigned as also revise the outlook,
as a result of periodic review/surveillance, based on any event or information which in the opinion of CARE Ratings
Ltd. warrants such an action. In the event of failure on the part of the entity to furnish such information, material or
clarifications as may be required by CARE Ratings Ltd. so as to enable it to carry out continuous monitoring of the
rating of the bank facilities, CARE Ratings Ltd. shall carry out the review on the basis of best available information
throughout the life time of such bank facilities. In such cases the credit rating symbol shall be accompanied by
“ISSUER NOT COOPERATING”. CARE Ratings Ltd. shall also be entitled to publicize/disseminate all the afore-
mentioned rating actions in any manner considered appropriate by it, without reference to you.
6. Our ratings do not take into account the sovereign risk, if any, attached to the foreign currency loans, and the
ratings are applicable only to the rupee equivalent of these loans.
7. Our ratings do not factor in any rating related trigger clauses as per the terms of the facility/instrument, which
may involve acceleration of payments in case of rating downgrades. However, if any such clauses are introduced and
if triggered, the ratings may see volatility and sharp downgrades.
8. Users of this rating may kindly refer our website www.careratings.com for latest update on the outstanding
rating.
9. CARE Ratings Ltd. ratings are not recommendations to sanction, renew, disburse or recall the concerned bank
facilities.
If you need any clarification, you are welcome to approach us in this regard.
Thanking you,
Yours faithfully,
Ragavilashini Muralikrishnan Naveen S
Lead Analyst Associate Director
ragavilashini.m@careedge.in naveen.kumar@careedge.in
Encl.: As above
CARE Ratings Limited
T-3, Manchester Square, 3rd Floor, No: 14, Corporate Office :4th Floor, Godrej Coliseum,
Puliakulam Road, Coimbatore - 641037 Somaiya Hospital Road, Off Eastern Express
Phone: +91-422-433 2399/ +91-422-450 2399 Highway, Sion (E), Mumbai - 400 022
Phone: +91-22-6754 3456 • www.careedge.in
CIN-L67190MH1993PLC071691
Page 2 of 4
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likelihood of timely payment of the obligations under the rated instrument and are not recommendations to sanction, renew, disburse, or recall the
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The rating reflects the opinions as on the date of the rating. A rating does not convey suitability or price for the investor. The rating agency does not
conduct an audit on the rated entity or an independent verification of any information it receives and/or relies on for the rating exercise. CareEdge
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