NSECredit Rating2d ago · 28 Jul 2026, 04:58 pm
Credit Rating
LG Balakrishnan & Bros Limited · LGBBROSLTD
✦ AI Summarycredit_rating
LG Balakrishnan & Bros Limited has informed the Exchange about Credit Rating. ICRA Limited has published ratings for the company's fixed deposit, cash credit, and non-fund-based facilities. The ratings are ICRA-AA (Stable) for all instruments.
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
LG Balakrishnan & Bros Limited has informed the Exchange about Credit Rating
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LGBBROSLTD_28072026165734_ICRA_CreditRating.pdf
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L.G. BALAKRIS-HNAN & BROS LIMITED
BSE Limited The National Stock Exchange of India Lim ted
Phiroze Jeejeeboy Towers Exchange Plaza
Dalal Street Bandra Kurla Complex
Mumbai 400 001 Sandra (E), Mumbai 400 051
ScriptCode:500250 Script Code: LGBBROSL TD
SEC I Compliances I 2026-27
July 2~ , 2026
Dear Sirs,
Sub: Intimation of Credit Rating
Ref: Disclosure under Re~ulation 30 of the SEBI (Listin~ Obli~ations and Disclosure
Requirements) Regulations, 2015
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Rec uirements)
Regulations, 2015 ("SEBI Listing Regulations") read with Part A of Schedule Ill and 5 (2) of the
SEBI (Listing Obligations ·and Disclosure Requirements) Regulations, 2015, as am~nded, we
wish to inform you that ICRA Limited has published the following ratings on July 16, 2026 as per
below details:
Instrument Amount Credit Rating I Ratir g Action
Rs. In Crore Outlook
Fixed Deposit 40.00 ICRA-AA (Stable) Rec: ffirmed
Long Term - Fund Based - Cash Credit 200.00 ICRA-AA (Stable) Rec ffirmed
Short Term - Non Fund Based facilities 100.00 ICRA- Al+ Rea ffirmed
Th~ rating letter dated has been received by the Company today i.e. 281 h July 2026 and
accordingly, the same is being submitted herewith in accordance with Regulation 30.
The above information will also be available on the website of the Company at www.l~ b.co.in .
Kindly take the same on record and acknowledge.
Thanking You,
Yours truly,
For LG Balakrishnan & Bros Limited
M Lakshmi Kanth Joshi
Sr General Manager (Legal) & Company Secretary
Erfibtg~~E.£? /16/13, Krishnarayapuram Road, Ganapathy, Coimbatore-641 006. Tamil Nad , India
CIN : L29191TZ1956PLC000257. Ph: (0422) 2532325 Fax: (0422) 2532333 E-mail: info@lgb.co.in www.lgb.co.in
ICRA ICRA Li ited
ICRA/L.G. Balakrishnan & Bros Limited/16072026/02
Date: July 16, 2026
Mr. N. Rengaraj
Chief Financial Officer
L.G. Balakrishnan & Bros Limited
6/16/13, Krishnarayapuram Road,
Ganapathy, Coimbatore-641 006
Dear Sir,
Re: ICRA's credit rating for below instruments of L.G. Balakrishnan & Bros limited
As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA's Rating Comm ttee has
taken the following rating actions for the mentioned instruments of your company.
Rated Amount
Instrument ( ) Rating Action1
Rs.crore
Fixed Deposit 40.00 [ICRA]AA(Stable);Reaffirmed
Total 40.00
Once the instrument is issued, the rating is valid throughout the life of the captioned program e until
withdrawn. However, ICRA reserves the right to review and/or, revise the above rating(s) at any ti e based
on new information becoming available, or the required information not being available, r other
circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the len
investors to visit ICRA website at www.icra.in for latest rating(s) of the company.
The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any
change in the terms or size of the same would require a review of the rating(s) by us. In case the e is any
change in the terms and conditions or the size of the rated instrument, the same must be broug t to our
notice before the instrument is used by you. In the event such changes occur after the rating(s) h ve been
assigned by us and their use has been confirmed by you, the rating(s) would be subject to ou review,
following which there could be a change in the rating(s) previously assigned. Notwithstanding the f regoing,
any change in the over-all limit of the instrument from that specified in this letter, would cons itute an
enhancement that would not be covered by or under the said Rating Agreement.
The rating(s) assigned must be understood solely as an opinion and should not be treated, or cau e to be
treated, as recommendation to buy, sell, or hold the rated Fixed deposits availed/issued by your co pany.
1 Complete definitions of the ratings assigned are available at www.icra.in.
Bu~~w~y~afllrtll:R9at~d Tel.: +91.124 .4545300 Website: www.icra.in
DLF Cyber City, Phase II C!N: L749999DL1991PLC042749 Email: info@icraindia. om
Gurugram-122002, Haryana Helpdesk: +919354 7 8909
Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel.: +91.11.23357940-41
RATING • RESEARCH • INFORMATION
ICRA
You are also requested to forthwith inform us about any default or delay in repayment of interest or rincipal
amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us i formed
of any other developments which may have a direct or indirect impact on the debt servicing capabil ty of the
company including any proposal for re-schedulement or postponement of the repayment progra mes of
the dues/ debts of the company with any lender(s) I investor(s), or occurrence of any significant dev lopment
that could impact the ability of the company to raise funds such as restriction imposed by any autho ity from
raising funds through issuance of debt securities through electronic bidding system. Further, you are
requested to inform us immediately as and when the borrowing limit for the instrument rated, as
as prescribed by the regulatory authority(ies) is exceeded.
We look forward to your communication and assure you of our best services.
With kind regards,
Yours sincerely,
For ICRA Limited
Digitally signed by Sri Kumar
Sri Kumar Krishnamurthy
Krishnamurthy
Date: 2026.07.16 11:45:32 +05'30'
K Srikumar
Senior Vice President & Co-Group Head-Corporate Ratings
ksrikumar@icraindia.com
Sensitivity Label: Restricted
ICRA
ICRA Li ited
ICRA/L.G. Balakrishnan & Bros Limited/16072026/01
Date: July 16, 2026
Mr. N. Rengaraj
Chief Financial Officer
L.G. Balakrishnan & Bros Limited
6/16/13, Krishnarayapuram Road,
Ganapathy, Coimbatore-641 006
Dear Sir,
Re: ICRA's Credit Rating for below mentioned Instruments of L.G. Balakrishnan & Bros Limite
As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA's Rating Comm ttee has
taken the following rating actions for the mentioned instruments of your company.
Rated Amount
Instrument Rating Action1
(Rs. crore)
Long Term-Fund Based-Cash Credit 200.00 [ICRA]AA(Stable); reaffirmed
Short term-Non-fund Based facilities 100.00 [ICRA]A1 +; reaffirmed
Total 300.00
The aforesaid rating(s) will become due for surveillance within one year from the date
communication letter. However, ICRA reserves the right to review and/or, revise the above rating( ) at any
time based on new information becoming available, or the required information not being available, or other
circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the len ers and
investors to visit ICRA website at www.icra.in for latest rating(s) of the company.
The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any
change in the terms or size of the same would require a review of the rating(s) by us. In case the e is any
change in the terms and conditions or the size of the rated instrument, the same must be broug t to our
notice before the instrument is used by you. In the event such changes occur after the rating(s) h ve been
assigned by us and their use has been confirmed by you, the rating(s) would be subject to ou review,
following which there could be a change in the rating(s) previously assigned. Notwithstanding the f regoing,
any change in the over-all limit of the instrument from that specified in this letter, would cons itute an
enhancement that would not be covered by or under the said Rating Agreement.
The rating(s) assigned must be understood solely as an opinion and should not be treated, orca e to be
treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your comp ny.
1 Complete definitions of the ratings assigned are available at www.icra.in.
Building No. 8, 2•" Floor, Towe1· A Tel.: +91.124 .4545300 Website: www.icra.in
DLF Cyber City, Phase II CIN: L749999DL1991PLC042749 Email: info
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