BSECompany Update3d ago · 24 Jul 2026, 12:23 pm

CRISIL has re-affirmed the Company''s Credit Rating via communication dated 23.07.2026.

Rishi Techtex Ltd · 523021

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CRISIL has reaffirmed Rishi Techtex Ltd's credit ratings, maintaining a Long Term Rating of CRISIL BBB-/Stable and a Short Term Rating of CRISIL A3.

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Rishi Techtex Ltd - 523021 - Announcement under Regulation 30 (LODR)-Credit Rating

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24th July, 2025 The Secretary, Bombay Stock Exchange Limited, P.J. Towers, Dalal Street, Fort, Mumbai -400001. Scrip Code: 523021 ISIN: INE989D01010 Sir, Sub: CRISIL Ratings of Rishi Techtex Limited In reply to your email dated 24.07.2026 from query.lodr@bseindia.com, we hereby submit a fresh corporate Announcement with reference to our earlier Corporate Announcement No. 13664973 Dated 23.07.2026: We hereby inform you that, CRISIL vide its communication dated 23rd July, 2026 has reaffirmed the company’s below mentioned credit ratings: Long Term Rating CRISIL BBB-/Stable Short Term Rating CRISIL A3 This is the disclosure under Regulation 30 (Part ‘A’ of Schedule III) of the SEBI (LODR) Regulations, 2015. This is for your information and record. Thanking you, Yours faithfully, For Rishi Techtex Limited Gauri Gangal Company Secretary CONFIDENTIAL RL/RISPACK/380969/BLR/0726/153959 July 23, 2026 Mr. Jagadish S. Dokwal Chief Financial Officer Rishi Techtex Limited 612, Veena Killedar Indl. Estate, 10-14, Pais Street Byculla West Mumbai City - 400011 9323698033 Dear Mr. Jagadish S. Dokwal, Re: Crisil rating on the bank facility(ies) of Rishi Techtex 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 as on date. Total Bank Loan Facilities Rated Rs.34 Crore Long Term Rating Crisil BBB-/Stable Short Term Rating Crisil A3 (Bank-wise details as per Annexure 1) Crisil Ratings also disseminates the rating on the bank facilities through its website and updates the rating lists on Crisil Ratings’ website on a real time basis. Additionally, the rating lists in its publications such as Rating Scan and BLR Connect are also updated to reflect the latest ratings outstanding on the bank loan facilities. Crisil Ratings reserves the right to withdraw, or revise the ratings/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. The rating outstanding on the above bank facilities during April 01, 2026, to July 22, 2026, was Crisil BBB-/Stable/Crisil A3. 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). Please visit www.crisilratings.com to confirm that the rating continues to be under surveillance and the rating is still valid. 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 Should you require any clarifications, please feel free to contact us. With warm regards, Yours sincerely, Himank Sharma Nivedita Shibu 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 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 Bank Guarantee Canara Bank 0.2 Crisil A3 2 Cash Credit Canara Bank 25 Crisil BBB-/Stable Proposed Fund-Based Bank 3 -- 3.11 Crisil BBB-/Stable Limits 4 Term Loan Canara Bank 5.16 Crisil BBB-/Stable 5 Working Capital Term Loan Canara Bank 0.53 Crisil BBB-/Stable Total 34 Annexure: List of instruments and names of regulators of the instruments As required by SEBI CRA Circular dated Feb 10, 2026, a list of activities or instruments falling under the purview of various FSRs, along with the names of respective FSRs, is being disclosed below: A. Rating activities Sr. No. Instrument / activity Name Regulator of the instruments 1 Listed/Proposed to be listed bonds/debentures/preference share (all securities) SEBI 2 Unlisted/Proposed to be unlisted Bonds/Debentures/ Preference share (all securities) MCA 3 Listed PTCs / Securitisation Notes (originated by entities regulated by RBI)* SEBI 4 Listed PTCs / Securitisation Notes (originated by entities not regulated by RBI)* SEBI 5 Unlisted PTCs / Securitisation Notes (originated by entities regulated by RBI)* RBI 6 Listed Commercial Paper and NCDs with original maturity less than 1 year RBI 7 Unlisted Commercial Paper and NCDs with original maturity less than 1 year RBI 8 Loan Facilities (Fund/Non-Fund Based) from Bank/NBFCs/NHB/FIs ^ RBI 9 External Commercial Borrowings and other similar borrowings RBI 10 Certificates of Deposit RBI 11 Fixed Deposits raised by NBFC's, Banks, HFCs, Fis RBI 12 Fixed Deposits raised by corporates other than NBFCs, Banks, HFCs, FIs MCA 13 Inter Corporate Deposits/Loans extended by Corporates MCA 14 Borrowing programme ~ - 15 Issuer Ratings # - 16 Credit Ratings for Capital Protection Oriented Schemes (by Mutal Funds and AIFs) SEBI 17 Credit quality ratings (CQRs) for Mutual Fund Schemes and Schemes of AIFs SEBI 18 Listed Security Receipts SEBI 19 Unlisted Security Receipts RBI 20 Independent Credit Evaluation (ICE) RBI 21 Expected Loss Ratings (for Loan Facilities (Fund/Non-Fund Based) from Bank/NBFCs/NHB/Fis) RBI 22 Expected Loss Ratings (Listed/Proposed to be listed bonds/debentures/preference share (all SEBI securities)) 23 Expected Loss Ratings (Unlisted/Proposed to be unlisted Bonds/Debentures/ Preference share (all MCA securities)) 24 Unlisted PTCs / Securitisation Notes (originated by entities not regulated by RBI) * Investor-side regulator such as IRDAI, PFRDA @ * Includes securitisation transactions involving assignee payout, acquirer's payout. 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 Cri [Showing first 8,000 characters — download PDF for full document]