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 Disclaimer This disclaimer pertains to the ratings issued and content published by CARE Ratings Limited (“CareEdge Ratings”). Ratings are opinions on the likelihood of timely payment of the obligations under the rated instrument and are not recommendations to sanction, renew, disburse, or recall the concerned bank facilities or to buy, sell, or hold any security. Any opinions expressed herein are in good faith and are subject to change without notice. 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 Ratings has based its ratings/outlook on the information obtained from reliable and credible sources. CareEdge Ratings does not, however, guarantee the accuracy, adequacy, or completeness of any information and is not responsible for any errors or omissions and the results obtained from the use of such information. The users of the rating should rely on their own judgment and may take professional advice while using the rating in any way. CareEdge Ratings shall not be liable for any losses that user may incur or any financial liability whatsoever to the user of the rating. The use or access of the rating does not create a client relationship between CareEdge Ratings and the user. CAREEDGE RATINGS DISCLAIMS WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR OTHER WARRANTIES OR CONDITIONS, TO THE EXTENT PERMITTED BY APPLICABLE LAWS, INCLUDING WARRANTIES OF MERCHANTABILITY, ACCURACY, COMPLETENESS, ERROR-FREE, NON- INFRINGEMENT, NON-INTERRUPTION, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE OR INTENDED USAGE. Most entities whose bank facilities/instruments are rated by CareEdge Ratings have paid a credit rating fee, based on the amount and type of bank facilities/instruments. CareEdge Ratings or its subsidiaries/associates may also be involved with other commercial transactions with the entity. CareEdge Ratings does not act as a fiduciary by providing the rating. The ratings are intended for use only within the jurisdiction of India. The ratings of CareEdge Ratings do not factor in any rating-related trigger clauses as per the terms of the facilities/instruments, which may involve acceleration of payments in case of rating downgrades. However, if any such clauses are introduced and triggered, the ratings may see volatility and sharp downgrades. CareEdge Ratings has established policies and procedures as required under applicable laws and regulations which are available on its website. Privacy Policy applies. For Privacy Policy please refer to https://www.careratings.com/privacy_policy © 2026, CARE Ratings Limited. All Rights Reserved. This content is being published for the purpose of dissemination of information required as per applicable law and regulations and CARE Ratings Limited holds exclusive copyright over the sam [Showing first 8,000 characters — download PDF for full document]