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Lehar Footwears Limited has received an upgrade in its credit ratings from CRISIL Ratings Ltd. for its total bank borrowings of ₹ 78 Cr. The long-term rating was upgraded to 'Crisil BBB/Stable' from 'Crisil BBB- / Stable', and the short-term rating improved to 'Crisil A3+' from 'Crisil A3'. This upgrade reflects an improved credit profile, potentially leading to better borrowing terms and reduced financing costs for the company. This positive development can enhance financial flexibility and operational efficiency.