Shri Gang Industries Receives Credit Rating Upgrade from Infomerics

1 min read     Updated on 12 Dec 2025, 10:05 PM
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Reviewed by
Jubin VScanX News Team
Overview

Shri Gang Industries and Allied Products Limited received a credit rating upgrade from Infomerics on December 12, 2025, with long-term bank facilities rating improved from IVR BBB-/Stable to IVR BBB/Stable. The facility limit was enhanced from ₹22.90 crores to ₹26.90 crores, representing a ₹4.00 crore increase. The upgrade demonstrates improved creditworthiness and provides enhanced access to capital for the company's operations.

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Shri Gang Industries and Allied Products Limited has received a credit rating upgrade from Infomerics Valuation and Rating Limited, as announced through a regulatory filing on December 12, 2025. The upgrade demonstrates the company's improved financial position and creditworthiness in the market.

Credit Rating Enhancement Details

Infomerics has upgraded the company's long-term bank facilities rating while simultaneously increasing the facility limit. The rating agency issued a press release on December 12, 2025, confirming the positive revision in the company's credit assessment.

Parameter: Previous Current Status
Rating: IVR BBB-/Stable IVR BBB/Stable Upgraded
Facility Limit: ₹22.90 crores ₹26.90 crores Enhanced
Outlook: Stable Stable Maintained

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made pursuant to Part A of Schedule III of the listing regulations, ensuring transparency for stakeholders and investors.

Facility Enhancement Impact

The enhancement in facility limit from ₹22.90 crores to ₹26.90 crores represents an increase of ₹4.00 crores in the company's long-term banking facilities. This expansion in credit facilities, combined with the rating upgrade, indicates improved access to capital for the company's operational and growth requirements.

About the Rating Agency

Infomerics Valuation and Rating Limited conducted the rating revision, with the detailed press release available on their official website. The rating upgrade reflects the agency's assessment of the company's enhanced credit profile and financial stability in the alcoholic beverages sector.

Historical Stock Returns for Shri Gang Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.62%-1.26%-8.83%-29.31%-56.26%+2,483.03%
Shri Gang Industries
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Express Infra Financial Consultancy Acquires 6.12% Stake in Shri Gang Industries Through Debt Conversion

1 min read     Updated on 14 Nov 2025, 11:18 AM
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Reviewed by
Ashish TScanX News Team
Overview

Express Infra Financial Consultancy Private Limited acquired a 6.12% stake in Shri Gang Industries and Allied Products Limited through conversion of Rs. 12,99,99,969 unsecured loans into 13,13,131 Compulsory Convertible Preference Shares (CCPS) at Rs. 99 per share. Additionally, Shri Gang Industries allotted 7,50,000 sweat equity shares to COO Varun Gupta at Rs. 99 per share, representing 3.38% of diluted equity.

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*this image is generated using AI for illustrative purposes only.

Express Infra Financial Consultancy Private Limited has made a significant move in the capital market by acquiring a 6.12% stake in Shri Gang Industries and Allied Products Limited . This acquisition was executed through the conversion of outstanding unsecured loans into Compulsory Convertible Preference Shares (CCPS) on November 11, 2025.

Transaction Details

The transaction involved the conversion of Rs. 12,99,99,969.00 of outstanding unsecured loans into 13,13,131 Compulsory Convertible Preference Shares. These CCPS are convertible into an equivalent number of equity shares at a price of Rs. 99.00 per share. This strategic move represents 6.12% of the post-allotment fully diluted paid-up share capital of Shri Gang Industries.

Impact on Shareholding

The conversion of debt to equity through CCPS issuance is a significant corporate action that may alter the company's capital structure. While the immediate impact on the shareholding pattern is the addition of Express Infra Financial Consultancy as a substantial shareholder, the full effect will be realized upon the conversion of these preference shares into equity.

Recent Corporate Actions

This transaction comes on the heels of other significant corporate actions by Shri Gang Industries. On November 13, 2025, the company's Nomination and Remuneration Committee approved the allotment of 7,50,000 sweat equity shares to Mr. Varun Gupta, the Chief Operating Officer and a member of the promoter group.

Sweat Equity Allotment Details

Particulars Details
Number of shares 7,50,000
Issue Price Rs. 99.00 per share
Fair Market Value Rs. 97.86 per share
Allottee Mr. Varun Gupta (COO, Promoter Group)
Pre-Allotment Holding Nil
Post-Allotment Holding 7,50,000 shares (3.38% of diluted equity)

This sweat equity allotment, made for non-cash consideration, further demonstrates the company's efforts to align management interests with those of shareholders.

Conclusion

These corporate actions, including the stake acquisition by Express Infra Financial Consultancy and the sweat equity allotment, indicate significant changes in Shri Gang Industries' capital structure and potentially its strategic direction. Investors and market watchers may want to closely monitor further developments and their potential impact on the company's future performance and governance.

Historical Stock Returns for Shri Gang Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.62%-1.26%-8.83%-29.31%-56.26%+2,483.03%
Shri Gang Industries
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