Sandhar Technologies Limited — Credit Ratings, 31-03-2025: Credit Rating- New

ICRA Limited has assigned a credit rating of [ICRA]AA- (Stable) for Sandhar Technologies Limited's long-term fund-based term loans of ₹150 crore, and [ICRA]AA- (Stable)/[ICRA]A1+ for its long-term/short-term fund-based working capital facilities totaling ₹585 crore. This brings the total rated borrowing facilities to ₹735 crore.

The positive credit rating reflects the company’s strong financial standing and operational resilience. For investors, this development may enhance confidence in Sandhar's financial health and growth strategy, fostering a positive outlook in the market.