Assignment and Reaffirmation of Credit Rating
RATING
▲ Positive Development
LOW RISK
📅 Filed on BSE: 23 Jul 2026, 08:02 AM IST · BSE ID: f54f2b88-d77d-4000-ac35-e5c653a5a858
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's borrowing ability has been assessed by a credit agency, with new ratings assigned and some reaffirmed.
🤖 AI Summary
- SPML Infra's Rs. 1,595 crore facilities received 'BBB/Stable' and 'A3+' credit ratings.
- Long-term fund-based term loans and proposed limits total Rs. 590 crore.
- Short-term non-fund based limits aggregate to Rs. 1,000 crore.
- Rs. 60 crore Commercial Paper program rating was reaffirmed at Crisil A3+.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Cash Credit
5.00
Assigned
Long term Fund based Term Loan
380.00
Assigned
Long term proposed Fund based Limit
210.00
Assigned
Short term Non Fund based Limits
500.00
Assigned
Short term proposed Non Fund based Limits
500.00
Assigned
Total Facilities Rated
1,595.00
Commercial Paper
60.00
Reaffirmed
🏢 How This Affects the Company
The assigned credit ratings are crucial for SPML Infra's future borrowing capacity and cost of debt, impacting its ability to secure financing for its projects.
A stable credit rating generally signals lower financial risk for lenders, potentially improving SPML Infra's access to capital markets.
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders concerning this credit rating update.
👤
Who Is Affected
All shareholders are indirectly affected as credit ratings influence the company's cost of capital and financial stability.
🔍
Management Signal
Management is actively managing the company's financial profile and communicating its creditworthiness to the market.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Future financial results to assess performance against rated facilities.
Announcements of new debt issuances or refinancing activities.
Any subsequent rating reviews or changes by CRISIL.
LOW RISK
This is a routine credit rating update, not indicative of new risks.
💡 Investor Takeaway
SPML Infra's Rs. 1,595 crore facilities now hold 'BBB/Stable' and 'A3+' ratings, with its Rs. 60 crore Commercial Paper reaffirmed at 'A3+'.
⚖️ Strengths & Concerns
✅ Positives
- Assignment of 'Crisil BBB/Stable' rating for Rs. 590 crore long-term fund-based facilities and proposed limits.
- Reaffirmation of 'Crisil A3+' rating for Rs. 60 crore Commercial Paper.
📅 Company Track Record
SPML Infra's credit rating profile has seen recent activity. On July 3, 2026, its Rs. 1,595 crore facilities were upgraded to BBB(Stable). On June 20, 2026, its Rs. 60 crore debt instrument received a Crisil A3+ rating.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What credit rating has CRISIL assigned to SPML Infra's Rs. 1,595 crore facilities?
CRISIL has assigned a 'Crisil BBB/Stable' rating to Rs. 590 crore of long-term fund-based instruments and 'Crisil A3+' to Rs. 1,000 crore of short-term non-fund based limits.
What is the credit rating for SPML Infra's Rs. 60 crore Commercial Paper?
The Rs. 60 crore Commercial Paper program for SPML Infra has been reaffirmed with a 'Crisil A3+' credit rating.
What is the total value of facilities for which SPML Infra received credit ratings?
The total value of facilities for which SPML Infra received credit ratings is Rs. 1,595.00 crore.
Questions based on this BSE filing only. For information purposes.