Sheela Foam Ltd

📈 Sheela Foam Ltd's Credit Rating Revised to 'CRISIL AA-/Positive'

- Long-term bank loan facilities rating revised to 'CRISIL AA-/Positive' from 'Stable'.

- Total bank loan facilities amount to ₹163.27 Crore.

- Includes ₹72 Crore Cash Credit from Citibank N.A. and ₹91.27 Crore Working Capital Demand Loan from YES Bank Limited.

- 'Positive' outlook indicates potential for a future rating upgrade, reflecting improved creditworthiness.