Suyog Gurbaxani Funicular Ropeways: Credit rating reaffirmed, independent director resigns

Suyog Gurbaxani Funicular Ropeways Limited announced that CRISIL Ratings Limited has reaffirmed its ratings on the company's total bank loan facilities. The long-term rating for the INR 35 Crore facilities is reaffirmed as Crisil BBB/Stable, valid until March 31, 2026.

In a separate announcement, the company informed about a change in its board of directors. Ramlal Kisan Sarote has resigned from the position of independent director, effective from the close of business hours on October 29, 2025, due to preoccupation with other services. This resignation was disclosed in accordance with SEBI regulations.