Sugs Lloyd Ltd. receives credit ratings from CRISIL, covering facilities up to 106 crore and 119 crore

Sugs Lloyd Ltd has announced credit rating actions from multiple agencies, including CRISIL Ratings Limited and Crisil, covering a range of instruments. CRISIL Ratings Limited has assigned ratings of CRISIL BBB/Stable to Long Term Loan Facilities amounting to 106.00, and CRISIL A3+ to Short Term Loan Facilities totaling 119.00, alongside assignments for eBentures/MCA Preference Share, 2A Unlisted PTCs/Securitisation Notes, and Debt Securities. Crisil has assigned a rating of BBB/Stable to Long Term facilities of 10 crore and A3+ to Short Term facilities of 10 crore, with additional assignments for Bank Facilities, Bank Guarantees (ranging from 15 to 35, and 20 to 34, issued by HDFC Bank Limited, ICICI Bank Limited, Punjab National Bank, and Union Bank of India respectively), Cash Credit (ranging from 7 to 119, with RBI Guarantee for one facility), and a Bank Loan facility of 1.00, while also noting a potential upgrade contingent on increased scale and operating margins; all other instruments listed, including those related to SEBI, MCA, and RBI, received N/A ratings or were deemed not applicable.