BSECompany Update6h ago · 5 Nov 2026, 11:55 am
Intimation Regarding Credit Bulletin issued by CRISIL Ratings Limited under Regulation 30 of SEBI (LODR) Regulations, 2015 - Bank Loan Facilities.
Jain Irrigation Systems Ltd · 500219
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Jain Irrigation Systems Ltd has received a credit bulletin from CRISIL Ratings Limited, updating the bank-wise details of the company's rated bank loan facilities in line with RBI requirements.
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Jain Irrigation Systems Ltd - 500219 - Announcement under Regulation 30 (LODR)-Credit Rating
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Regd. Office: Jain Plastic Park, P.O.Box: 72, N.H.No. 53, Jalgaon – 425 001. India.
Tel: +91-257-2258011; Fax: +91-257-2258111; E-mail: jisl@jains.com; Visit us at: www.jains.com
CIN: L29120MH1986PLC042028
JISL/SEC/2026/11/B-2/B-6 November 05, 2026
To, To,
BSE Ltd., National Stock Exchange of India Ltd.,
Corporate Relationship Department, Exchange Plaza, C-1, Block G,
1st Floor, New Trading Wing, Rotunda Bandra Kurla Complex,
Building, P. J. Tower, Dalal Street, Bandra (East),
Mumbai - 400 001. Mumbai - 400 051.
Email: corp.relations@bseindia.com Email: cc@nse.co.in
Ref: Code No. 500219 (BSE) & JISLJALEQS (NSE) for Ordinary Equity shares
Code No. 570004 (BSE) & JISLDVREQS (NSE) for DVR Equity Shares
Sub: Intimation regarding Credit Bulletin issued by CRISIL Ratings Limited under
Regulation 30 of SEBI (LODR) Regulations, 2015 – Bank Loan Facilities and
Non-Convertible Debentures
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we wish to inform you that CRISIL Ratings
Limited has issued a Credit Bulletin dated November 04, 2026, updating the
bank-wise details of the Company's rated bank loan facilities in line with RBI
requirements.
The Credit Bulletin updates the bank-wise allocation of the rated facilities, while the
overall rated amount and existing credit ratings remain unchanged.
A copy of the Credit Bulletin dated November 04, 2026, issued by CRISIL Ratings
Limited is enclosed herewith for your reference and records.
You are requested to kindly take the above information on record.
Thanking you,
Yours faithfully,
For Jain Irrigation Systems Limited,
A V Ghodgaonkar
Company Secretary
Encl: a/a
Credit Bulletin
November 04, 2026 | Mumbai
Update on Jain Irrigation Systems Limited
Note: None of the Directors on Crisil Ratings Limited’s Board are members of rating committee and thus do not participate in discussion or assignment of any ratings.
The Board of Directors also does not discuss any ratings at its meetings.
This Credit Bulletin is published solely to update the bank-wise facility details in line with RBI requirement. For other sections
please refer to the previous Rating Rationale October 09, 2026.
Click here to access the previous Rating Rationale.
Annexure - Details of Bank Lenders & Facilities - Regulator for the Instrument is RBI
Facility Amount (Rs.Crore) Name of Lender Rating
Bank Guarantee 59.5 Punjab National Bank Crisil A3
Bank Guarantee 62.37 Union Bank of India Crisil A3
Bank Guarantee 266 State Bank of India Crisil A3
Bank Guarantee 58.2 Bank of Baroda Crisil A3
Bank Guarantee 100 IDBI Bank Limited Crisil A3
Bank Guarantee 61.1 Canara Bank Crisil A3
Credit Exposure Limits /
54.34 State Bank of India Crisil A3
Loan Exposure Risk Limits
Credit Exposure Limits /
8.36 IDBI Bank Limited Crisil A3
Loan Exposure Risk Limits
External Commercial International Finance
42.68 Crisil BBB-/Negative
Borrowings& Corporation
J.C. Flowers Asset
Fund-Based Facilities 24.31 Reconstruction Private Crisil BBB-/Negative
Limited
Fund-Based Facilities 501.53 State Bank of India Crisil BBB-/Negative
Fund-Based Facilities 17.44 Exim Bank Crisil BBB-/Negative
Fund-Based Facilities 77.43 Bank of Baroda Crisil BBB-/Negative
J.C. Flowers Asset
Fund-Based Facilities 45.21 Reconstruction Private Crisil BBB-/Negative
Limited
Asset Reconstruction
Fund-Based Facilities 7.11 Crisil BBB-/Negative
Company (India) Limited
Fund-Based Facilities 157.86 Canara Bank Crisil BBB-/Negative
Fund-Based Facilities 208.07 IDBI Bank Limited Crisil BBB-/Negative
Fund-Based Facilities 112.57 Standard Chartered Bank Crisil BBB-/Negative
Fund-Based Facilities 134.45 Punjab National Bank Crisil BBB-/Negative
Fund-Based Facilities 218.96 Union Bank of India Crisil BBB-/Negative
Letter of Credit 47.41 Canara Bank Crisil A3
Letter of Credit 11.94 Punjab National Bank Crisil A3
Letter of Credit 13.7 Bank of Baroda Crisil A3
Letter of Credit 12.53 Standard Chartered Bank Crisil A3
Letter of Credit 13.05 State Bank of India Crisil A3
Letter of Credit 32.62 Union Bank of India Crisil A3
Proposed Fund-Based
76.9 Not Applicable Crisil BBB-/Negative
Bank Limits
Proposed Non Fund based
230.27 Not Applicable Crisil A3
limits
Vendor Financing 50 State Bank of India Crisil A3
& - These are foreign currency loans
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
Regulator of the
Sr. No. Instrument / activity Name
instruments
1 Listed/Proposed to be listed bonds/debentures/preference share (all securities) SEBI
Unlisted/Proposed to be unlisted Bonds/Debentures/ Preference share (all
2 MCA
securities)
3 Listed PTCs / Securitisation Notes (originated by entities regulated by RBI)*$ RBI
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
11a Fixed Deposits raised by NBFC's, HFCs, Fis RBI
11b Fixed Deposits raised by Banks +
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 # -
Credit Ratings for Capital Protection Oriented Schemes (by Mutual Funds and
16 SEBI
AIFs)
17 Credit quality ratings (CQRs) for Mutual Fund Schemes and Schemes of AIFs SEBI
18 Listed Security Receipts$ RBI
19 Unlisted Security Receipts RBI
20 Independent Credit Evaluation (ICE) RBI
Expected Loss Ratings (for Loan Facilities (Fund/Non-Fund Based) from
21 +
Bank/NBFCs/NHB/Fis)
Expected Loss Ratings (Listed/Proposed to be listed
22 SEBI
bonds/debentures/preference share (all securities))
Expected Loss Ratings (Unlisted/Proposed to be unlisted Bonds/Debentures/
23 MCA
Preference share (all securities))
Unlisted PTCs / Securitisation Notes (originated by entities not regulated by Investor-side regulator such
RBI) * as IRDAI, PFRDA @
* Includes securitisation transactions involving assignee payout, acquirer's payout.
~ The rated instrument may involve issuance of different instruments such as debt securities (listed or otherwise), bank loans, commercial
paper (listed or otherwise), etc. The regulator of the instrument may accordingly be SEBI, RBI or MCA and can only be determined upon
issuance. In PRs subsequent to issuance(s), Crisil Ratings Limited shall separately capture the rated quantum details along with names of
respective regulators.
^ Includes bank facilities such as liquidity facility, second loss facility that are part of securitisation transactions.
# There is no instrument being rated and hence, Regulator of the Instrument is not applicable. The rating scale and definitions are being
followed as stipulated in SEBI Master Circular for CRAs.
@ These ratings were assigned during regulatory regime prior to introduction of SEBI CRA Circular dated Feb 10, 2026 and the investor
side regulators have accordingly been included.
$ By virtue of the instrument being listed, SEBI acts as the regulator for listing and related issues.
+ To be finalized following a discussion with the regulatory authorities.
Note: Kindly note that for activities or instruments falling under the purview of FSRs other than SEBI, the grievance/dispute redressal
mechanisms and investor protection mechanisms provided by SEBI shall not be available.
Criteria Details
Links to related criteria
Basics of Ratings (including default recognition, assessing information adequacy)
Cri
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