Singer India Board may discuss dividend on May 27

1 min read     Updated on 20 May 2026, 07:46 PM
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Anirudha BScanX News Team
AI Summary

Singer India Limited announced that its Board meeting on May 27, 2026, will consider audited financial results for the quarter and year ended March 31, 2026, and may discuss dividend for FY26. An investor conference call is scheduled for May 29, 2026, to review performance. The trading window remains closed until 48 hours after the results declaration.

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Singer India Limited has updated the agenda for its upcoming Board of Directors meeting scheduled for Wednesday, May 27, 2026. In addition to considering and approving the audited financial results for the quarter and year ended March 31, 2026, the Board may also discuss the matter related to dividend on equity shares for the Financial Year 2025-26, if any. This update was communicated in an intimation filed under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Call Details

Following the Board meeting, the company has scheduled an investor conference call to discuss the audited financial results. The call is set for Friday, May 29, 2026, at 03:30 PM IST. The session will be led by Mr. Rakesh Khanna, Vice Chairman and Managing Director, and Mr. Anuj Kumar Vasdev, Chief Financial Officer.

Parameter Details
Date Friday, May 29, 2026
Time 03:30 PM (IST)
Participants Rakesh Khanna (VC & MD), Anuj Kumar Vasdev (CFO)
Platform Zoom
Meeting ID 813 6622 1056
Passcode 453509

Trading Window Closure

In compliance with insider trading regulations, the trading window for dealing in the company's securities remains closed for all Designated Persons and their immediate relatives. This closure will remain in effect until 48 hours after the declaration of the audited financial results, extending through Friday, May 29, 2026.

Historical Stock Returns for Singer

1 Day5 Days1 Month6 Months1 Year5 Years
+0.94%-4.66%-12.26%-5.04%-5.04%-5.04%

How does Singer India's FY2025-26 revenue and profit performance compare to its previous fiscal year, and what key business segments drove growth or decline?

Will Singer India declare a dividend for FY2025-26, and how does its dividend history reflect the company's capital allocation strategy going forward?

What is Singer India's strategic outlook for expanding its product portfolio or market presence in the competitive consumer appliances and sewing machine segment?

Singer India Limited Receives CRISIL BBB-/Stable Rating on ₹45 Crore Bank Facilities

2 min read     Updated on 09 Apr 2026, 07:00 PM
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Radhika SScanX News Team
AI Summary

Singer India Limited received CRISIL credit ratings on bank facilities totaling ₹45 crore, with long-term rating of BBB-/Stable and short-term rating of A3. The facilities span across HSBC Bank and YES Bank, covering cash credit, trade finance, and working capital arrangements. The company disclosed this rating assessment to stock exchanges on April 09, 2026, in compliance with SEBI regulations.

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Singer India Limited has disclosed to stock exchanges that CRISIL has assigned credit ratings to its bank facilities worth ₹45 crore. The company made this announcement on April 09, 2026, in compliance with Regulation 30 of SEBI listing obligations and disclosure requirements.

Credit Rating Details

CRISIL, the credit rating agency, has evaluated Singer India's banking arrangements and provided the following assessment:

Rating Type: Assessment
Total Bank Loan Facilities Rated: ₹45 Crore
Long Term Rating: CRISIL BBB-/Stable
Short Term Rating: CRISIL A3

The BBB- rating with stable outlook indicates adequate degree of safety regarding timely servicing of financial obligations, while the A3 short-term rating reflects adequate degree of safety for timely payment of short-term debt obligations.

Facility-wise Breakdown

The rated bank facilities are distributed across multiple banking partners and facility types:

Facility Type: Bank Partner Amount (₹ Crore) Rating
Cash Credit: HSBC Bank Plc 4.50 CRISIL BBB-/Stable
Cash Credit: YES Bank Limited 20.00 CRISIL BBB-/Stable
Letter of Credit & Bank Guarantee: YES Bank Limited 10.00 CRISIL A3
Packing Credit in Foreign Currency: YES Bank Limited 2.00 CRISIL BBB-/Stable
Proposed Fund-Based Bank Limits: -- 3.50 CRISIL BBB-/Stable
Working Capital Demand Loan: YES Bank Limited 5.00 CRISIL BBB-/Stable

Banking Relationships

The company maintains banking relationships primarily with YES Bank Limited and HSBC Bank Plc. YES Bank Limited accounts for the majority of the facilities, providing ₹37 crore across various instruments including cash credit, trade finance, foreign currency packing credit, and working capital demand loans. HSBC Bank Plc provides a ₹4.50 crore cash credit facility.

Regulatory Compliance

The rating disclosure was communicated to both BSE Limited and National Stock Exchange of India Ltd as required under securities regulations. The rating letter from CRISIL remains valid until March 31, 2027, and the agency maintains continuous surveillance of all assigned ratings. CRISIL noted that the rating on these bank facilities during April 01, 2026, to April 08, 2026, was CRISIL BBB-/Stable/CRISIL A3.

The rating assessment covers working capital requirements, trade finance needs, and operational funding arrangements that support Singer India's business operations across its product portfolio and market presence.

Historical Stock Returns for Singer

1 Day5 Days1 Month6 Months1 Year5 Years
+0.94%-4.66%-12.26%-5.04%-5.04%-5.04%

Will Singer India seek to upgrade its credit rating from BBB- to investment grade levels in the coming quarters?

How might Singer India's heavy reliance on YES Bank for 82% of its facilities impact its financial flexibility if banking relationships change?

What expansion plans or capital expenditure projects could Singer India pursue with its ₹45 crore credit facilities?

More News on Singer

1 Year Returns:-5.04%