BSECompany Update2d ago · 5 Aug 2026, 11:48 am
Please find enclosed Credit Rating Report.
Calcom Vision Ltd · 517236
✦ AI SummaryRating Change
Calcom Vision Ltd has received a credit rating report from CRISIL Limited, which has assigned a long-term rating of Crisil BB+/Stable and a short-term rating of Crisil A4+ for the company's bank facilities.
Analysis Scores
Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Calcom Vision Ltd - 517236 - Announcement under Regulation 30 (LODR)-Credit Rating
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To, Date: 05.08.2026
The Manager
Department of Corporate Services
Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
MUMBAI – 400 001
Scrip Code: 517236
Dear Sir(s)/Madam(s)
Subject: Credit Rating Disclosure under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform
you that CRISIL Limited vide its letter No. RL/CAL VILT/400906/BLR/0726/154040 July 23, 2026, has
assigned/reaffirmed the credit ratings for bank facilities of the Company as mentioned below:
Facilities Current Year Rating Previous Year Rating
Total Bank Loan Facilities Rs. 50 Cr. Rs. 50 Cr.
Rated
Long Term Rating Crisil BB+/Stable Crisil BB+/Stable (Downgraded)
(Reaffirmed)
Short Term Rating Crisil A4+ (Reaffirmed)_ CrisilA4+ (Downgraded)
Kindly take the above information on your records.
Thanking you
Yours faithfully,
For Calcom Vision Limited
Sushil Kumar Malik
Chairman & Managing Director
DIN: 00085715
Enclosed: A/a
CONFIDENTIAL
RL/CALVILT/400906/BLR/0726/154040
July 23, 2026
Mr. Pramod Kumar Sinha
Chief Financial Officer
Calcom Vision Limited
B-16, Site- C, Surajpur Industrial Area,
Gautam Budh Nagar, Greater Noida,
Gautam Buddha Nagar - 201306
9868766185
Dear Mr. Pramod Kumar Sinha,
Re: Review of Crisil Ratings on the bank facilities of Calcom Vision 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.50 Crore
Long Term Rating Crisil BB+/Stable (Reaffirmed)
Short Term Rating Crisil A4+ (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
Pallavi Singh Nivedita Shibu
Associate Director - Crisil Ratings Director - Crisil Ratings
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
Annexure 1 - Bank-wise details of various facility classes (outstanding facilities)
Amount (Rs.
S.No. Bank Facility Bank Outstanding Rating
in Crore)
1 Cash Credit IDBI Bank Limited 10.5 Crisil BB+/Stable
2 Overdraft Facility Shinhan Bank 5 Crisil A4+
Utkarsh Small Finance Bank
3 Overdraft Facility 5 Crisil A4+
Limited
Proposed Working Capital
4 -- 5.68 Crisil A4+
Facility
5 Term Loan IDBI Bank Limited 2.37 Crisil BB+/Stable
Utkarsh Small Finance Bank
6 Term Loan 7 Crisil BB+/Stable
Limited
7 Term Loan Shinhan Bank 10.45 Crisil BB+/Stable
Working Capital Demand
8 IDBI Bank Limited 1.5 Crisil A4+
Loan
Working Capital Demand
9 Shinhan Bank 2.5 Crisil A4+
Loan
Total 50
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
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