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Ludlow Jute’s ratings affirmed by CRISIL Ratings, linked to Canara Bank and YES Bank
19-Sep-26 14:19Hrs IST

Ludlow Jute & Specialities Ltd announced ratings actions from multiple agencies, including CRISIL Ratings Limited and Crisil Ratings, concerning various instruments. CRISIL Ratings Limited indicated ratings are on the Bank Loan facilities, with further details available in an attached letter, while Crisil Ratings affirmed a Bank Guarantee of 6, a Cash Credit facility of 79, a Letter of Credit of 22, a Term Loan of 17.83, a Term Loan of 19.13, and a Working Capital Demand Loan of 31, all carrying ratings of Crisil A2+, Crisil A-/Stable, Crisil A2+, Crisil A-/Stable, Crisil A-/Stable, and Crisil A2+ respectively; additionally, Crisil Ratings assigned a Crisil A2+ rating to a Bank Guarantee, a Crisil A-/Stable rating to a Cash Credit facility of 79, a Crisil A2+ rating to a Letter of Credit of 22, a Crisil A-/Stable rating to a Term Loan of 17.83, a Crisil A-/Stable rating to a Term Loan of 19.13, and a Crisil A2+ rating to a Working Capital Demand Loan of 31, all linked to Canara Bank and YES Bank Limited, with a rating rationale attached and a rating letter also attached (GDS10944_18Sep2026.pdf).

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A Muthoot M George Enterprise