Shoppers Stop Limited — Credit Ratings, 13-05-2025: Credit Rating

CRISIL has reaffirmed the long-term rating of CRISIL A/Stable for Global SS Beauty Brands Limited and upgraded the short-term rating to CRISIL A1, while increasing the total bank loan facilities from Rs. 60 Cr to Rs. 120 Cr. This reflects the subsidiary’s stable credit profile and improved borrowing capacity. The enhanced limits offer greater financial flexibility, likely enabling more cost-effective borrowing and strengthening investor confidence in the company’s liquidity and operational stability.