Isgec Heavy Engineering Limited — Credit Ratings, 31-12-2025: Credit Rating

ICRA Limited has reaffirmed credit ratings for ISGEC Heavy Engineering's wholly-owned subsidiary, Saraswati Sugar Mills Limited. The Rs 401.65 Cr line of credit's ratings remain [ICRA]A(Stable) for long-term fund-based facilities (Cash Credit, Term Loan) and [ICRA]A1 for short-term non-fund based facilities. There is no change from the previous ratings, indicating a stable outlook.