CRISIL Reaffirms Credit Ratings for Lehar Footwears Limited
1 report, 1 independent
Updated Sep 24
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What happened
CRISIL reaffirmed its credit ratings for Lehar Footwears Limited after the company announced an enhancement to its bank loan limits. The long-term credit rating was reaffirmed at Crisil BBB/Stable, while the short-term rating was reaffirmed at Crisil A3+. The total bank loan facilities rated were enhanced to ₹105 crore, up from the previous limit of ₹78 crore.
From equitybulls.com
Why it matters
The rating reaffirmation reflects the company's improved access to capital through the increased bank loan facilities. The ratings are critical benchmarks for investors and lenders assessing the creditworthiness of Lehar Footwears Limited.
From equitybulls.com
Who's involved
- CRISILCredit rating agency that reaffirmed the ratings for Lehar Footwears Limited
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The entities involved
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CRISIL
credit rating agency in India