BSECompany Update1d ago · 30 Oct 2026, 03:33 pm
Intimation of revised credit rating
Singer India Ltd · 505729
✦ AI SummaryRating Change
Singer India Ltd has announced that CRISIL has upgraded its long-term rating to Crisil BBB/Stable and short-term rating to Crisil A3+ for its bank facilities worth Rs. 45 Crore.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
Singer India Ltd - 505729 - Announcement under Regulation 30 (LODR)-Credit Rating
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SINGER.
ORIGINAL SINC E 1851.
October 30, 2026
BSE Limited National Stock Exchange of India Ltd
Phirozee Jeejeebhoy Towers, Exchange Plaza, 5thFloor, Plot No. C/1,
Dalal Street, Mumbai-400001 G-Block, Bandra-Kurla Complex, Banrlra (East),
(Scrip Code: 505729) Mumbai-400 051
(Trading Symbol: SINGERIND)
Sub.: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015-Credit Rating.
Dear Sir/ Ma'am,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, it is to
inform you that CRISIL ("Credit Rating Agency") has rated Bank Facilities of Singer India Limited ('The Company')
as per the following details:
Total Bank loan Facilities Rated Rs. 45 Crore
Long Term Rating Crisil BBB/Stable ( Upgraded from Crisil BBB-/Stable')
Short Term Rating Crisil A3+ (Upgraded from 'Cris ii A3')
You are requested to take the same on record.
Thanking you,
Yours Sincerely
For Singer India Limited
Rupinder Kaur
Company Secretary & Compliance Of •
SINGER INDIA LIMIT.ED
Registered & Head Office : Institute for Studies in Industrial Development (ISIO),
3rd Floor, Block C-2-3, ISID Campus, 4, Vasant Kunj Institutional Area, New Delhi-110070
Tel.: +91-11-40617777, Toll Free No. 1800-103-3474
E-mail : mail@singerindia.com, Website : www.singerindia.com
CIN : L52109DL 1977PLC025405
Crisil
Ratings
CONFIDENTIAL
RL/SINGER/4067S4/BLR/1026/162790
October 29, 2026
Mr. Anuj Kumar Vasdev
Chief Financial Officer
Singer India Limited
Institute for Studies in Industrial Development (isid),
3rd Floor Block C-2-3, Isid Campus,4
Vasant Kllllj Institutional Area,
New Delhi
South West Delhi -110070
9999016350
Dear Mt·. Anuj Kumar Vasdev,
Re: Re'\>iew of Crisil Ratings on the bank facilities of Singet· India 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 instnunents/facilities of the company, and the rating
actions by Crisil Ratings on the ratings as on date.
Total Bank Loan Facilities Rated Rs.45 Crore
Lone; Tel'ln Ratine; Ctisil BBB/Stable (Upe;raded from 'Crisil BBB-/Stable')
Sho11 Term Ratine; Cl'isil A3+ (Upe;raded from 'C1isil A3')
(Bank-wise details as per Annexure J)
As per om 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, U11der surveillance over the life of tl1e
instnunent/facility. Crisil Ratings reserves the right to withdraw, or revise the ratings, along with the outlook. at any time,
on the basis of new infomiation, or unavailability of infonnation, or other circumstances which Crisil Ratings believes
may have an impact on the ratings. Please visit www.crisih-atings.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 necessaiy.
Crisil Ratings products / activities or ratings of instruments other than securities that ai-e listed or proposed to be listed may
fall tmder the pm-view of financial sector regulators (FSRs) other than SEBI. In respect of such products / activities or
ratings (m1der the pwview of otl1er FSRs such as Reseive Bailk of India (RBD, Ministty of Co1porate Affairs (MCA),
Insurance Regulatory and Development Authority of India (IRDAD, an1011g 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 instnunents falling under the purview of vaiious FSRs along with the names of respective FSR<; has been duly
disclosed by C1isil 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/regulato1y-disclosures/list-of-activities-ins1:tuments-and
names-of-regulators.h1:tnl
This letter will remain valid till March 31 2027. After this date, please insist for a new rating letter (d ated later than
31, 2027).
Should you require any clarification, please feel free to get in touch with us.
Disclaimer: A rating by Crisil Ratings renecrs Crisil Ratings' current opinion on the likelihood of timely payment of the obligations under the rated insrrument, and does
not constitute an audit of the rated entity by Crisil Ratings. Our ratings are based on infonnation 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 I sell or hold the rated instrument; it does not comment on the market price or suitability for a particular investor. cn·siI 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 subsctibers I users I transmitters I 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 tiansactions with the company/entity. For the latest rating
infonnation on any instrument of any company rated by Crisil Ratings, please visit www.crisilratings.com or contact customer Service Helpdesk at
Crisilrati es~ crisil.com or at 1800-267-3850
Crisil Ratings Limited
Corporate Identity Number: U67100MH2019PLC326247
Registered Office: Ughtbridge IT Park, Saki Vihar Road, Andheri East, Mumbai 400 072, India.
Phone: +91226137 3000 I www.crisilratings.com a company of S&P Global
Crisil
Ratings
With wann regards,
Yoms sincerely,
Srmiti Singh Nivedita Shibu
Associate Director -Crisil Ratings Director -Crisil Ratings
Annexm·e 1 -Bank-wis(' details of various fac.ility classes (outstanding faciliti('s)
s. Amount(Rs.
o. Bank Facility Bank Outstanding Rating
in Crore)
I Cash Credit YES Bank Limited 20 Crisil BBB/Stable
2 Cash Credit HSBC Bank Plc 4.5 Crisil BBB/Stable
Letter of credit & Bank
3 YES Bank Limited IO Crisil A3+
Guarantee
Packing Credit in Foreign
4 YES Bank Limited 2 Crisil BBB/Stable
Currency
Proposed Fund-Based Bank -
5 3.5 C1isil BBB/Stable
Limits
Working Capital Demand
6 YES Bank Limited 5 Crisil BBB/Stable
Loan
Total 45
Disclaimer: A rating by Crisil Ratings renecrs Crisil Ratings' current opinion on the likelihood of timely payment of the obligations under the rated insrrument, and does
not constitute an audit of the rated entity by Crisil Ratings. Our ratings are based on infonnation 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 I sell or hold the rated instrument; it does not comment on the market price or suitability for a particular investor. cn·siI 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 subscnbers I users I transmitters I 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
infonnation on any instrument of any company rated by Crisil Ratings, please visit www.crisilratings.com or conract customer Service Helpdesk at
Crisilrati es~ crisil.com o
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