Yasho Industries Receives Credit Rating Affirmation from India Ratings & Research

2 min read     Updated on 10 Mar 2026, 11:59 AM
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Reviewed by
Shriram SScanX News Team
Overview

Yasho Industries Limited received credit rating affirmation from India Ratings & Research, with bank loan facilities rated at 'IND BBB+' with Positive Outlook. The rating covers INR4,170.06 million in facilities, reduced from INR6,129.30 million previously. The rating agency resolved the Rating Watch with Negative Implications, representing a positive development for the company.

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

Yasho Industries Limited has received credit rating affirmation from India Ratings & Research Private Limited for its bank loan facilities. The company informed BSE Limited and National Stock Exchange of India Limited about this development on March 10, 2026, in compliance with SEBI regulations.

Credit Rating Details

India Ratings and Research has affirmed Yasho Industries Limited's bank loan facilities rating at 'IND BBB+' with a Positive Outlook while resolving the Rating Watch with Negative Implications. The rating action was communicated through a letter dated March 04, 2026.

Parameter: Details
Instrument Type: Bank loan facilities
Size of Issue: INR4,170.06 million (reduced from INR6,129.30 million)
Rating Assigned: IND BBB+/Positive/IND A2+
Rating Action: Affirmed; Off Rating Watch

Facility-wise Breakdown

The rating covers various banking facilities across multiple financial institutions. The facilities include fund-based working capital limits, term loans, and non-fund based working capital limits with different banks.

Bank Name: Facility Type Rating Amount (INR million)
Saraswat Bank Fund Based Working Capital IND BBB+/Positive/IND A2+ 650.00
Saraswat Bank Term Loan IND BBB+/Positive 1396.11
Saraswat Bank Non-Fund Based Working Capital IND A2+ 400.00
Axis Bank Limited Term Loan IND BBB+/Positive 378.74
Axis Bank Limited Fund Based Working Capital IND BBB+/Positive/IND A2+ 550.00
SVC Co-operative Bank Term Loan IND BBB+/Positive 145.21
SVC Co-operative Bank Fund Based Working Capital IND BBB+/Positive/IND A2+ 100.00
HSBC Fund/Non-Fund Based Working Capital IND BBB+/Positive/IND A2+ 550.00

Several facilities with HDFC Bank Limited and Citibank N.A. have been marked as 'WD/WD' (withdrawn) in the rating documentation.

Regulatory Compliance

The intimation was made pursuant to Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary & Compliance Officer Rupali Verma signed the communication digitally on March 10, 2026.

The rating information has been made available on the company's website at www.yashoindustries.com for stakeholder reference. This development represents a positive outcome for the company as the rating agency has resolved the previous Rating Watch with Negative Implications while maintaining the BBB+ rating with a Positive Outlook.

Historical Stock Returns for Yasho Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-3.51%-11.25%-0.81%-22.53%-21.71%-22.40%

Solidarity Advisors Private Limited Increases Stake in Yasho Industries Limited to 7.02%

1 min read     Updated on 09 Mar 2026, 12:03 PM
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Reviewed by
Ashish TScanX News Team
Overview

Solidarity Advisors Private Limited has increased its shareholding in Yasho Industries Limited from 5.02% to 7.02% through the acquisition of 2,41,366 equity shares (2.00%) via open market purchases. The transactions were executed between January 19, 2026, and March 6, 2026, with the regulatory disclosure filed on March 9, 2026, under SEBI (SAST) Regulations, 2011. The investment management firm operates under SEBI-registered Portfolio Management Services and maintains independent investor status, not belonging to the promoter group.

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

Yasho Industries Limited has received a regulatory disclosure from Solidarity Advisors Private Limited regarding a significant increase in shareholding. The investment management firm, operating under its SEBI-registered Portfolio Management Services license, has acquired additional equity shares in the company through systematic open market purchases.

Shareholding Enhancement Details

Solidarity Advisors Private Limited successfully acquired 2,41,366 equity shares of Yasho Industries Limited, representing 2.00% of the company's total voting capital. This strategic acquisition has elevated the firm's total shareholding position in the company.

Parameter: Before Acquisition After Acquisition Change
Number of Shares: 6,05,057 8,46,423 +2,41,366
Shareholding Percentage: 5.02% 7.02% +2.00%
Voting Rights: 5.02% 7.02% +2.00%

Transaction Methodology and Timeline

The share acquisition was executed through open market purchases spanning multiple trading sessions from January 19, 2026, to March 6, 2026. The transactions demonstrate a systematic approach to building the shareholding position over an extended period.

Key Transaction Highlights

Date: Shares Acquired Daily Percentage
23-01-2026: 23,412 0.19%
17-02-2026: 31,111 0.26%
27-02-2026: 20,932 0.17%
05-02-2026: 17,332 0.14%
24-02-2026: 17,434 0.14%

The acquisition pattern included both purchase and minor sale transactions, with two small disposals recorded on February 25, 2026 (-2,820 shares) and February 26, 2026 (-1,524 shares), indicating active portfolio management during the accumulation period.

Company Capital Structure

Yasho Industries Limited maintains a stable equity capital structure with 1,20,57,095 equity shares of face value INR 10 each, totaling INR 12,05,70,950. The company's shares are listed on both NSE and BSE, providing liquidity for institutional investors like Solidarity Advisors.

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on March 9, 2026. Solidarity Advisors Private Limited confirmed that it does not belong to the promoter or promoter group of Yasho Industries Limited, maintaining its status as an independent institutional investor. The firm's Head of Compliance, Ms Naarah Myron Pereira, executed the regulatory filing within the stipulated timeframe as prescribed under SEBI (SAST) Regulations.

Historical Stock Returns for Yasho Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-3.51%-11.25%-0.81%-22.53%-21.71%-22.40%

More News on Yasho Industries

1 Year Returns:-21.71%