Sunflag Iron & Steel's credit ratings updated by Crisil

Sunflag Iron & Steel Co. Ltd. has informed stock exchanges about the assignment of credit ratings by Crisil Ratings Limited for its bank facilities. The company's total bank loan facilities, amounting to INR 1,850 crore, have been rated.

Crisil Ratings assigned a long-term rating of "Crisil AA-/Stable" to facilities totaling INR 1,176.35 crore. For short-term facilities amounting to INR 673.65 crore, the assigned rating is "Crisil A1+". This assignment follows a continuous surveillance and review process by Crisil Ratings.

The credit rating details were communicated via a letter dated November 14, 2025. These ratings are valid until January 1, 2027, with a fresh revalidation letter required if facilities are not availed within 180 days of the rating letter date.