BSECompany Update26 Oct 2026 · 26 Oct 2026, 10:53 am
Submission of Credit Rating Certificate, as received from CRISIL
Samkrg Pistons & Rings Ltd-$ · 520075
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Samkrg Pistons & Rings Ltd. has submitted a credit rating certificate received from CRISIL, with long-term and short-term ratings of BBB+/Negative and A2, respectively.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
Samkrg Pistons & Rings Ltd-$ - 520075 - Announcement under Regulation 30 (LODR)-Credit Rating
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SAMI(RG PISTONS AND RINGS LIMITED
CIN : 12731 0TG1 9B5PLCOO5423
PISTON & RINGS Regd. Office : 1-201, Divya Shakthi Complex, 7-1-58, Ameerpet, Hyderabad - 500 016. T.S. lNDlA.
Ph: +91-40-23730596, 23735578 Fax:04O-23730216 Website: www.samkrgpistonsandrings.com
E-mail : admin@samkrg.com
Ref.: SPRL/ cs/ 2026/ 034 Date: October 26,2026
BSE Limited
Phiroze Jeejeebhoy Towers,
1st Floor, Dalal Street,
Mumbai- 400 001.
Dear Sir / Madam,
Sub.: Submission of credit letter received from CRlSlL.
Script Code: 520075
Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements)
Regulations,zOtS, we are submitting herewith the enclosed credit rating letter received to
us from CRISIL on dated 22/L0/2026.
The credit ratings are as stated below:
Rating:
Long Term Crisil BBB+/ Negative (Reaffirmed)
Rating:
Short Term Crisil A2 (Reaffirmed)
Reason for delav in submission to stock exchange with respect to an email received from
BSE Limited on dated 24110/2025:
The mailconfirmation olong with Credit Roting Letterwos received to us on doted 22/10/2026
and accordingly we submitted it to the stock exchonge on doted 23/1.0/2026.
This is for your information and records.
Thanking you,
FoT SAMKRG PISTONS AND RINGS TIMITED
DINKER MISHRA
COMPANY SECRETARY &
COMPTIANCE OFFICER
Plant I {Plstona) : Plant ll (Rlngs) : Plant lll (Plstons) :
Sy.No. 537, Templs Road, Sy. No.33, Varisam (Mg), Sy. No. 232, Ainama Akkivalasa Mg.) Branch Ofice:
Bonthapally (P.0.), Gummadidala (mdl), rydibhimavaram (P.0.) Allinagaram (PO.) Etcherla (Mdl.) 47-1 G14, Dranakanagar,
Sangareddy (Dist)- 502 313. T.S. Srikakulam (Dist.) - 532 409. A.P. Sdkakulam (Dist.) - 532 140.AP. Visakhapaham - 530 016. A.P
Ph :08,458-282000 Ph: 08942-288129 Fax : 08942-288128 Ph: 08942-231197 Fax : 08942-231196 Ph: 0891-2747051 Fax0891-2746155
E-mail : plantl @samkrg.com E-mail : mis@samkrg.com E-mail : p3mi@samkg.com Efl ail: brandr@samkg.com
CONFIDENTIAL
RL/SAMPIST/407399/BLR/1026/161758
October 19, 2026
Mr. Veera Raghavaiah
Chief Financial Officer
SAMKRG Pistons and Rings Limited
Door No 7-1-58, No 1-201,
Divya Shakti Complex, Near Green Park Hotel,
Opposite LAL Banglow, Ameerpet
Hyderabad - 500016
9391260009
Dear Mr. Veera Raghavaiah,
Re: Review of Crisil Ratings on the bank facilities of SAMKRG Pistons and Rings 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, and the rating
actions by Crisil Ratings on the ratings as on date.
Total Bank Loan Facilities Rated Rs.98.59 Crore (Enhanced from Rs.83.85 Crore)
Long Term Rating Crisil BBB+/Negative (Outlook revised from 'Stable'; Rating Reaffirmed)
Short Term Rating Crisil A2 (Reaffirmed)
(Bank-wise details as per Annexure 1)
As per our Rating Agreement, Crisil Ratings would disseminate the ratings, along with the outlook, through its
publications and other media, and keep the ratings, along with the outlook, under surveillance over the life of the
instrument/facility. Crisil Ratings reserves the right to withdraw, or revise the ratings, along with the 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. Please visit www.crisilratings.com and search with the name of the rated entity to
access the latest rating/s.
In the event of the company not availing the proposed facilities within a period of 180 days from the date of this letter, a
fresh letter of revalidation from Crisil Ratings will be necessary.
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 clarification, please feel free to get in touch with us.
With warm regards,
Yours sincerely,
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
NAREN KARTIC.K Nivedita Shibu
Associate 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 State Bank of India 0.05 Crisil A2
2 Bill Discounting State Bank of India 7.3 Crisil BBB+/Negative
3 Cash Credit State Bank of India 34 Crisil BBB+/Negative
Electronic Vendor financing
4 State Bank of India 8 Crisil A2
scheme
5 Letter of Credit State Bank of India 0.18 Crisil A2
6 Letter of Credit State Bank of India 19.82 Crisil A2
Proposed Long Term Bank
7 -- 0.11 Crisil BBB+/Negative
Loan Facility
8 Standby Line of Credit State Bank of India 3.3 Crisil BBB+/Negative
9 Term Loan State Bank of India 7.15 Crisil BBB+/Negative
10 Term Loan State Bank of India 13.01 Crisil BBB+/Negative
11 Term Loan Shinhan Bank 5.67 Crisil BBB+/Negative
Total 98.59
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 / distri
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