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Created: 2025-06-06 14:11:20 UTC

Shalby Ltd: ICRA Revises Outlook to Negative. 📉 ICRA has reaffirmed the ICRA A+ rating for Shalby Ltd's fund and non-fund based credit facilities, totaling ₹534 crore. However, the outlook has been revised from Stable to Negative. This change may signal increased risk for investors. ⚠️

- 𝗖𝗿𝗲𝗱𝗶𝘁 𝗥𝗮𝘁𝗶𝗻𝗴 𝗔𝗰𝘁𝗶𝗼𝗻:
  ▪ ICRA reaffirmed the ICRA A+ rating.
  ▪ Outlook revised to Negative from Stable.

- 𝗜𝗻𝘀𝘁𝗿𝘂𝗺𝗲𝗻𝘁 𝗗𝗲𝘁𝗮𝗶𝗹𝘀:
  ▪ Fund Based - Cash Credit/Others: ₹68.00 crore
  ▪ Fund Based - Term Loan: ₹3.65 crore
  ▪ Non-fund based - Stand by Letter of Credit: ₹402.35 crore
  ▪ Unallocated Limits: ₹60.00 crore
- 𝗧𝗼𝘁𝗮𝗹: ₹534.00 crore

This information is crucial for investors to assess the company's financial health and potential risks. 🧐

📊 SHALBY LTD | 🏷️ Credit Rating

🌐 Details:

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