Yasho Industries Ltd announced credit rating upgrades and affirmations from both CRISIL Ratings Limited and an unnamed agency. CRISIL Ratings Limited upgraded the Bank Loan Facilities of Rs. 200 Crore from Crisil BBB+/Positive to Crisil A-/Stable and the Short Term rating from Crisil A2 to Crisil A2+, while also affirming Fund-Based Facilities (HDFC Bank Limited) at Crisil A-/Stable for Rs. 110 Crore, the Non-Fund Based Limit (HDFC Bank Limited) at Crisil A2+, the Proposed Term Loan (HDFC Bank Limited) at Crisil A-/Stable for Rs. 10 Crore, and the Term Loan (HDFC Bank Limited) at Crisil A-/Stable for Rs. 50 Crore; separately, an unnamed agency has noted information regarding an upgrade in Credit Rating, without specifying the rating itself.
