NSECredit Rating29 Jun 2026 · 29 Jun 2026, 05:36 pm
Credit Rating
Krsnaa Diagnostics Limited · KRSNAA
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Krsnaa Diagnostics Limited has informed the Exchange about ICRA Limited reaffirming a long-term rating of ICRA A (Stable) and a short-term rating of ICRA A1 for its bank loan facilities.
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Full Announcement
Krsnaa Diagnostics Limited has informed the Exchange about Credit Rating
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KRSNAA_29062026173557_543328.pdf
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Date: June 29, 2026
Ref. No.: KDL/SE/020/2026-27
To, To,
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department Exchange Plaza, Plot No. C-1, Block G,
25th Floor, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (East)
Dalal Street, Mumbai- 400001 Mumbai – 400051
Scrip Code: 543328 NSE Symbol: KRSNAA
Dear Sir/Madam,
Subject: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 - Intimation of Credit
Rating.
Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements)
Regulations, 2015, we would like to inform you that ICRA Limited, has reaffirmed a long-term
rating of ICRA A (Stable) (pronounced ICRA A) for INR 166.60 Crore and a short-term rating of
ICRA A1 (pronounced ICRA A One) for INR 137.55 Crore Bank Loan Facilities. The Outlook on
the long-term rating is Stable.
The issuer rating letter and the detailed Rating rational by ICRA Limited is annexed herewith
for your ready reference. The same is being made available on the website of the Company.
You are requested to take the above information on your record.
For Krsnaa Diagnostics Limited
Sujoy Sudipta Bose
Company Secretary and Compliance Officer
ICRA Limited
ICRA/Krsnaa Diagnostics Limited/29062026/1
Date: June 29, 2026
Mr. Chandra Prakash Singh
Interim Chief Financial Officer
Krsnaa Diagnostics Limited
S.No.243, No. 6/6 CTS No.4519,
Near Mayur Trade Center, Chinchwad,
Pune- 411 019, Maharashtra, India
Dear Sir,
Re: ICRA's Credit Rating for below mentioned Instruments of Krsnaa Diagnostics 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.
Rated Amount (Rs.
Instrument Rating Action[1]
Crore)
Short-term - Non-fund based - Bank
137.55 [ICRA]A1 ; Reaffirmed/Assigned for enhanced amount
guarantee
[ICRA]A(Stable); Reaffirmed/Assigned for enhanced
Long-term - Fund-based - Term loan 62.15
amount
Long-term - Fund-based - Cash credit 104.45 [ICRA]A(Stable); Reaffirmed
Total 304.15
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
[1]Complete definitions of the ratings assigned are available at www.icra.in.
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this letter, would constitute an enhancement that would not be covered by or under the said Rating
Agreement.
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
Anupama Reddy
Vice President & Co-Group Head – Corporate Ratings
anupama.reddy@icraindia.com
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Annexure
Details of Bank Limits Amount Rating Rating Assigned On
Rated by ICRA (Rated on (Rs. crore)
Long-Term Scale)
HDFC Bank Limited – Term 29.34
Loan
Yes Bank Limited – Term 18.50
Loan
Kotak Mahindra Bank 14.31
Limited – Term Loan
IndusInd Bank Limited – 64.45
Cash Credit
[ICRA]A(Stable) June 23, 2026
HDFC Bank Limited – Cash 14.00
Credit
HDFC Bank Limited – Cash 21.00
Credit / Working Capital
Demand Loan
Kotak Mahindra Bank 5.00
Limited – Demand Loan /
Overdraft
Total 166.60
Details of Bank Limits Amount Rating Rating Assigned On
Rated by ICRA (Rated on (Rs. crore)
Short-Term Scale)
IndusInd Bank Limited –
Bank Guarantee 102.55
[ICRA]A1 June 23, 2026
HDFC Bank Limited – Bank
Guarantee 35.00
Total 137.55
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