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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Goodricke Group Ltd

Goodricke Group: ICRA Reaffirms Credit Ratings for Bank Facilities

RATING ▲ Positive Development LOW RISK
📅 Filed on BSE: 27 Oct 2026, 12:32 PM IST  ·  BSE ID: 347504a8-1d19-47e7-a2cb-d38f8988b025
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's ability to borrow from banks was confirmed as stable by a credit rating agency.
🤖 AI Summary
  • ICRA reaffirmed Goodricke Group's [ICRA]A(Stable)/[ICRA]A2+ credit rating for bank facilities.
  • Ratings cover Rs. 155.00 crore fund-based and Rs. 9.00 crore non-fund-based facilities.
  • The reaffirmed ratings apply to cash credit, letter of credit, and bank guarantee facilities.
  • ICRA's assessment is based on information available up to October 26, 2026.
  • The rating committee's decision was communicated on October 26, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Fund-based Facility Rated Amount
Rs. 155.00 crore
Non-fund-based Facility Rated Amount
Rs. 9.00 crore
Total Bank Facilities Rated
Rs. 164.00 crore
Long Term/Short Term Fund Based Rating
[ICRA]A(Stable)/[ICRA]A2+
Reaffirmed
Long Term/Short Term Non-fund Based Rating
[ICRA]A(Stable)/[ICRA]A2+
Reaffirmed
🏢 How This Affects the Company
📈
Business Impact
Stable credit ratings assist in maintaining consistent access to working capital and other banking facilities essential for ongoing business operations.
💰
Financial Impact
Reaffirmed ratings do not directly alter financial statements but support continued cost-effective access to debt financing for operations.
⚙️
Operational Impact
No immediate operational changes are indicated; the reaffirmation suggests current operations meet established credit benchmarks.
⚠️
Risk Impact
Maintaining stable credit ratings mitigates the risk of increased borrowing costs or restricted access to credit lines.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this credit rating reaffirmation.
👤
Who Is Affected
All shareholders are indirectly affected as stable credit ratings support the company's financial health and operational continuity.
🔍
Management Signal
This signals management's commitment to maintaining sound financial practices and strong relationships with credit rating agencies and lenders.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
ICRA surveillance review within one year from October 26, 2026.
Company communication on any changes to credit facility terms or size.
Company's financial results for subsequent periods.
LOW RISK Credit rating reaffirmation signifies existing financial stability and adherence to credit obligations.
💡 Investor Takeaway
ICRA has reaffirmed Goodricke Group's [ICRA]A(Stable)/[ICRA]A2+ credit ratings for Rs. 155.00 crore fund-based and Rs. 9.00 crore non-fund-based bank facilities.
⚖️ Strengths & Concerns

✅ Positives

  • [ICRA]A(Stable)/[ICRA]A2+ reaffirmed rating indicates strong creditworthiness for fund-based and non-fund-based facilities.
  • Total bank facilities rated at Rs. 164.00 crore, comprising Rs. 155.00 crore fund-based and Rs. 9.00 crore non-fund-based.
❓ Frequently Asked Questions
What credit rating did ICRA reaffirm for Goodricke Group's bank facilities?
ICRA reaffirmed the [ICRA]A(Stable)/[ICRA]A2+ rating for Goodricke Group's long-term/short-term fund-based and non-fund-based bank facilities.
What is the total value of bank facilities rated by ICRA for Goodricke Group?
The total rated amount comprises Rs. 155.00 crore for fund-based facilities and Rs. 9.00 crore for non-fund-based facilities, totaling Rs. 164.00 crore.
When was the ICRA credit rating reaffirmed for Goodricke Group?
ICRA communicated its reaffirmation of the credit ratings to Goodricke Group on October 26, 2026.
What does the [ICRA]A(Stable) rating signify for Goodricke Group's facilities?
The [ICRA]A(Stable) rating indicates adequate ability to service debt obligations with a stable outlook on these credit facilities.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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