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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Full Announcement
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
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