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Shankara Building Products receives affirmation in credit ratings

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Capital Market

From CRISIL

Shankara Building Products has received reaffirmation in credit ratings from CRISIL as under:

Total Bank Loan Facilities Rated -Rs.432 crore (Enhanced from Rs.300 crore)
Long Term Rating - CRISIL BBB+/Stable (Reaffirmed)
Short Term Rating - CRISIL A2 (Reaffirmed)
Rs.60 Crore Commercial Paper - CRISIL A2 (Reaffirmed)

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First Published: Jan 05 2023 | 11:10 AM IST

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