Safari Industries credit ratings reaffirmed by CRISIL

Safari Industries (India) Limited announced today that CRISIL Ratings Limited has reaffirmed its long-term and short-term credit ratings for the company's bank facilities. The long-term rating remains CRISIL AA-/Stable, while the short-term rating is reaffirmed at CRISIL A1+. These ratings apply to total bank loan facilities of INR 150 Crore.

The company's bank facilities, including fund-based and non-fund-based limits, are distributed across several banks. IndusInd Bank, HDFC Bank, Axis Bank, and ICICI Bank provide fund-based facilities, all rated CRISIL AA-/Stable. The non-fund-based limit from Axis Bank is rated CRISIL A1+. This reaffirmation follows a continuous surveillance and review process by CRISIL Ratings.

According to the disclosure, the credit rating letter will remain valid until March 31, 2026. This assessment, made on October 17, 2025, aligns with the requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.