Shyam Metalics and Energy Limited — Credit Ratings, 06-11-2025: Credit Rating- Revision

CRISIL Ratings upgraded Shyam Metalics' long-term bank facilities (Rs 3600 Cr) to 'CRISIL AA+/Stable' from 'CRISIL AA/Positive'. Short-term facilities and commercial paper (Rs 50 Cr) were reaffirmed at 'CRISIL A1+'. This upgrade reflects strong financials, robust liquidity, operational efficiencies, and consistent growth, with ongoing capacity expansion further boosting scale and diversification.