BSECompany Update31 Aug 2026 · 31 Aug 2026, 03:48 pm
Intimation regarding change in Credit Rating.
Shiva Texyarn Ltd · 511108
✦ AI SummaryRating Change
Shiva Texyarn Ltd has informed about the upgrade of its credit rating by CARE Ratings Limited. The company's long-term bank facilities have been upgraded to CARE BBB+ and CARE A2, respectively, from CARE BBB- and CARE A3+, with a stable outlook.
Analysis Scores
Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
Shiva Texyarn Ltd - 511108 - Announcement under Regulation 30 (LODR)-Credit Rating
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SHIVA TEXYARN LIMITED
Regd. Office: 52, East Bashyakaralu Road,R.S.Puram, Coimbatore -641002, Tamilnadu INDIA
Telephone : 0422 -2544955 E-mail: shares@shivatex.co.in
Website : www.shivatex.co.In CIN : L65921TZ1980PLC000945 GSTRN : 33AABCA6617MIZO
STYL/SEC/SE/61/2026-27 31St August 2026
Dear Sir,
SUB:-INTIMATION OF CREDIT RATING -REG.
Pursuant to Regulation 30 read with Part A of Schedule Ill of SEBl (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we wish to inform you that the Credit Rating issued
by CARE Ratings Limited vide their letter No: CARE/CMBO/RL/2026-27/1095 dated 31.08.2026,
for credit facilities availed by the Company from the Banks are given below:
Facilities Amount (Rs. in Crores) Ratings Rating Action ,
Long Term Bank 98.o8 , CARE BBB+,r Upgraded from CARE 888;
Facilities (Enhancedfrom80.99)' Stable , stable , ,
Long Term / Short 65.00, , CARE 888+;'Stable/CAREA2' Upgradedjom CARE 8;8;'
Term Bank Facilities (Reduced from 70.00), Stable / CARE A3+
Shoi.t Term Bank 39.50 , CARE A2 / upgraded from CARE A3+,
Facil`lties (Reduced from 40.00)
2o2.58 ,(Rupees:TwoHundredTwoCroresandFiftyEightLakhsOnly)/
Total Facilities
Kindly take the same on records.
Thanking you
Yours faithfully
FQr Shiva Texyarn limited
R . S R I N I VA S Af`
Company Secretary
M.No.21254