03-Oct-2026 15:33:33

SHANTHI GEARS LIMITED : CREDIT RATING REAFFIRMED

• ICRA has reaffirmed the long-term rating at [ICRA]AA(Stable) and the short-term rating at [ICRA]A1+. • The ratings are in respect of the cash credit, interchangeable, bank fund based and non-fund based limits of the company. • The ratings are for instruments with total limits rated at ₹39.00 Cr. Impact: Neutral (Reaffirmation of existing credit ratings)

Shanthi Gears Limited

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