BSECompany Update29 Jul 2026 · 29 Jul 2026, 03:18 pm
Intimation of Credit Rating of Terrier Security Services India Private Limited, material subsidiary
Bluspring Enterprises Ltd · 544414
✦ AI SummaryRegulatory
Bluspring Enterprises Ltd has informed the exchanges about the credit rating assigned to the bank loan facilities of its material subsidiary, Terrier Security Services (India) Private Limited, by India Ratings and Research (Ind-Ra). The rating is IND A/Stable/IND A1, and the details are available on Ind-Ra's website and Bluspring's website.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10
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Bluspring Enterprises Ltd - 544414 - Announcement under Regulation 30 (LODR)-Credit Rating
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Date: July 29, 2026
BSE Limited National Stock Exchange of India Limited
1st Floor, New Trading Ring, Exchange Plaza,
Rotunda Building, PJ Towers, Bandra- Kurla Complex,
Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051
Scrip Code: 544414 NSE Symbol: BLUSPRING
Dear Sir/ Madam,
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 – Intimation of Credit Rating of Terrier Security Services (India) Private Limited
(Material Subsidiary)
Pursuant to Regulation 30 (6) read with Part A of Schedule III of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we wish to inform you that India Ratings and Research
(“Ind-Ra”) has assigned credit rating to the bank loan facilities of Terrier Security Services (India)
Private Limited, Material Subsidiary of the Company, the details of which are as follows:
Instrument Type Size of Issue (million) Rating Assigned along Rating Action
with Outlook/Watch
Bank loan facilities 850 IND A/Stable/IND A1 Assigned
A copy of the letter as received from Ind-Ra dated July 28, 2026 is available at Ind-Ra’s website, i.e.,
https://www.indiaratings.co.in/ and will also be hosted on the Company's website at
www.bluspring.com.
The rating letter and rating rationale issued by India Ratings and Research in respect of the aforesaid
credit ratings are enclosed herewith.
Thanking you,
Yours sincerely,
For Bluspring Enterprises Limited
Arjun Sunil Makhecha
Company Secretary & Compliance Officer
Membership no. ACS 29253
Encl: as above
Bluspring Enterprises Limited
Regd. Office: 3/3/2, Bellandur Gate, Sarjapur Main Road, Bengaluru – 560103, Karnataka
Tel: 080-6105 6001 | E-mail: corporatesecretarial@bluspring.com | CIN: L81100KA2024PLC184648