Shakti Pumps (India) Limited — Credit Ratings, 30-06-2025: Credit Rating- New

India Ratings has upgraded Shakti Pumps’ ratings on multiple bank facilities to IND AA-/Stable and IND A1+, reflecting improved operational and financial performance. The term loan rating has been withdrawn after full repayment. The upgrade signals stronger credit quality, which should enhance investor confidence and potentially lower the company’s borrowing costs. With more stable ratings across fund-based, non-fund-based, and working capital limits totaling over ₹11,000 million (₹1,100 Cr approx), Shakti Pumps gains greater strategic flexibility in managing its debt and operations going forward.