LG Balakrishnan & Bros Ltd

📊 LG Balakrishnan & Bros Ltd Receives Key Credit Ratings from ICRA

• ICRA Limited assigned credit ratings to L.G. Balakrishnan & Bros Ltd on July 17, 2025.

• Fixed Deposit of ₹40 crore reaffirmed with ICRA-AA (Stable) rating.

• Long Term-Fund Based-Cash Credit of ₹200 crore reaffirmed with ICRA-AA (Stable) rating and assigned for enhanced amount.

• Short Term-Non Fund Based-Others of ₹100 crore reaffirmed with ICRA-Al+ rating.

• Fund-based working capital facilities totaling ₹200 crore across banks like HDFC, IDBI, and ICICI rated ICRA-AA (Stable).

• Non-fund based working capital facilities totaling ₹100 crore across banks rated ICRA-Al+.