Cyient DLM bank facilities receive A+/Positive rating from CRISIL

Cyient DLM Limited announced on September 24, 2025, that CRISIL Ratings has issued an updated credit rating for its bank facilities. The total bank loan facilities rated amount to INR 503 Crore, an increase from the previous INR 468 Crore.

CRISIL has assigned a "Crisil A+/Positive" rating for its Long Term Rating, which was migrated from "Crisil AA (CE) /Stable" and subsequently reaffirmed as "Crisil A+/Positive." The Short Term Rating has been assigned as "Crisil A1," migrated from "Crisil A1+ (CE)."

HDFC Bank Limited and Axis Bank Limited hold the largest portions of the cash credit facilities, amounting to INR 127 Crore and INR 125 Crore respectively. The ratings indicate CRISIL's current opinion on the likelihood of timely payment of obligations under the rated instruments.