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Shalby LimitedCredit Ratings, 27-07-2026: Credit Rating- New

27-07-2026 | 05:43 pm

ICRA Limited downgraded Shalby's credit rating for its total Rs. 830 Cr fund and non-fund based facilities from [ICRA]A+ to [ICRA]A. The outlook was simultaneously revised from Negative to Stable. This indicates a downgraded credit profile but improved stability for the company's debt obligations.

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