Rane Holdings Receives Credit Rating Reaffirmation from ICRA Limited
Rane Holdings Limited received credit rating reaffirmation from ICRA Limited on December 18, 2025, for its ₹100.00 crore bank facilities. ICRA maintained ICRA AA- (Stable) ratings across term loans (₹75.00 crores), cash credit (₹5.00 crores), and unallocated limits (₹20.00 crores), with the latter also receiving ICRA A1+ short-term rating. The reaffirmation demonstrates continued confidence in the company's creditworthiness and compliance with SEBI disclosure requirements.
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Rane Holdings Limited has received a credit rating reaffirmation from ICRA Limited for its existing bank loan facilities totaling ₹100.00 crores. The rating agency communicated its decision on December 18, 2025, maintaining stable outlook across all facility categories.
Credit Rating Details
ICRA Limited has reaffirmed its ratings across multiple facility types for Rane Holdings. The comprehensive rating covers the company's diverse banking arrangements with maintained stability indicators.
| Facility Type | Amount (₹ Crores) | Rating | Outlook |
|---|---|---|---|
| Term Loan | 75.00 | ICRA AA- | Stable |
| Cash Credit | 5.00 | ICRA AA- | Stable |
| Unallocated Limits | 20.00 | ICRA AA-/ICRA A1+ | Stable |
| Total | 100.00 | - | - |
Rating Breakdown by Categories
The reaffirmation encompasses different components of the company's banking facilities. For ₹80.00 crores in bank facilities covering term loans and cash credit, ICRA maintained the long-term rating of ICRA AA- with stable outlook. The remaining ₹20.00 crores allocated to unallocated limits received both long-term rating of ICRA AA- with stable outlook and short-term rating of ICRA A1+.
Regulatory Compliance and Disclosure
The company disclosed this information in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The rating letter issued by ICRA dated December 18, 2025, was received by the company and is also available on ICRA's website. This disclosure fulfills the mandatory requirements under relevant provisions of SEBI LODR for listed companies.
Rating Surveillance and Review Process
The reaffirmed ratings will become due for surveillance within one year from the date of rating communication. ICRA Limited reserves the right to review and revise the ratings at any time based on new information availability or other circumstances that could impact the rating assessment. The rating agency has specified that any changes in terms, conditions, or size of the rated instruments would require a rating review.
Key Rating Considerations
The ratings are specific to the current terms and conditions of the instruments as indicated to ICRA. The rating agency emphasized that these ratings should be understood solely as opinions and should not be treated as recommendations to buy, sell, or hold any rated instruments. The company is required to inform ICRA immediately about any defaults, delays in repayment, or significant developments that could impact debt servicing capability.
Historical Stock Returns for Rane Holdings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.34% | -5.74% | -11.73% | -14.95% | -31.43% | +123.78% |
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