GMP IPO
📋 Filings Intelligence
About Contact
LIVE — Auto-updated every 10 mins · Equity segment
Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement — financial results, order wins, dividends, mergers and more. Updated live.

—
Filed today
—
Companies tracked
NSE & BSE
Listed on
Sign in free to search by company
Filing Type
Market Cap
Sector
All Sectors

Latest Filings —

📋 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.
Sheela Foam Ltd

Sheela Foam: Bank loan rating affirmed, Rs. 180 crore facilities assigned 'IND AA'

RATING ▲ Positive Development LOW RISK
📅 Filed on BSE: 13 Oct 2026, 03:23 PM IST  ·  BSE ID: d48c51b4-6cc7-44cf-bf2c-8c61a824b66d
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's credit rating for its bank loans remains strong, with new loans also receiving a good rating, and old debt fully repaid.
🤖 AI Summary
  • Bank loan facilities of Rs. 700 crore reaffirmed 'IND AA/Stable/IND A1+' rating.
  • Additional Rs. 180 crore bank loan facilities assigned 'IND AA/Stable/IND A1+'.
  • Rs. 181.25 crore non-convertible debentures rating withdrawn post-redemption.
  • Final credit rating dated October 12, 2026, supersedes prior draft communication.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Bank loan facilities rating reaffirmed
Rs. 700 crore
Additional bank loan facilities assigned rating
Rs. 180 crore
Non-convertible debentures rating withdrawn
Rs. 181.25 crore
🏢 How This Affects the Company
💰
Financial Impact
The reaffirmation and assignment of strong credit ratings to bank loan facilities provide continued access to debt financing on favorable terms.
⚠️
Risk Impact
The withdrawal of the rating for fully redeemed non-convertible debentures simplifies the company's outstanding debt profile.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders.
👤
Who Is Affected
All shareholders are indirectly affected by the confirmation of the company's creditworthiness and its implications for future financing.
🔍
Management Signal
Management's proactive engagement with credit rating agencies and successful debt management signals a commitment to financial prudence.

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

👁 Watch List — track these upcoming events
Subsequent credit rating reviews for bank facilities.
Disclosure of any new debt issuances or redemptions.
Company's financial results for upcoming quarters.
LOW RISK Credit rating actions for established facilities and redeemed debt indicate stability and controlled financial risk.
💡 Investor Takeaway
Sheela Foam's Rs. 700 crore bank loan facilities rated 'IND AA/Stable/IND A1+' were reaffirmed, with Rs. 180 crore new facilities assigned the same rating. Rs. 181.25 crore NCDs rating withdrawn after redemption.
⚖️ Strengths & Concerns

✅ Positives

  • Bank loan facilities of Rs. 700 crore reaffirmed 'IND AA/Stable/IND A1+' rating.
  • New bank loan facilities of Rs. 180 crore assigned 'IND AA/Stable/IND A1+' rating.
📅 Company Track Record
In October 2026, Sheela Foam's Rs. 700 crore bank loan facilities were reaffirmed 'IND AA/Stable'. In April 2026, CRISIL upgraded facilities to 'AA-/Positive'.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the credit rating assigned to Sheela Foam's bank loan facilities?
India Ratings assigned 'IND AA/Stable/IND A1+' to additional Rs. 180 crore bank loan facilities and reaffirmed the same rating on Rs. 700 crore existing facilities.
What happened to Sheela Foam's non-convertible debentures rating?
The rating of 'IND AA/Stable' assigned to Rs. 181.25 crore non-convertible debentures has been withdrawn as they have been fully redeemed.
Which rating agency provided the updated credit rating for Sheela Foam?
India Ratings and Research Private Limited (India Ratings) provided the updated credit rating for Sheela Foam Limited's facilities.
Was there a previous credit rating disclosure by Sheela Foam?
Yes, Sheela Foam submitted a draft credit rating communication on October 9, 2026, which the company has asked to be disregarded in favor of the final rating dated October 12, 2026.

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

You've read one filing

There are 32,000 more, and one of them is about a company you own

Follow a company and we'll email you the moment it files again — explained, not just forwarded. Free.

  • Follow companies and get filings by email
  • Save any filing to read later
  • Two full AI analyses every month, free

No card needed. Sign in with Google in two taps.

⚠️ 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.
🔍
Sign in to use filters
Sign in free with Google to filter filings by category, market cap and sector — takes 5 seconds.