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As on : 29-Sep-2026
Hot Pursuit
29-Sep-2026     13:00


ICRA reaffirmed ratings for Transpek Industry Ltd's debt instruments, including bank facilities

Transpek Industry Ltd announced that ICRA reaffirmed the ratings for its various debt instruments, including Bank Facilities (short and long term) amounting to 99.75 and 40.56, rated [ICRA]A+(Stable) and [ICRA]A1 respectively, both with RBI stipulations, alongside a reaffirmed [ICRA]A1 rating for Fixed Deposits totaling 140.31, also subject to RBI guidelines. Additionally, ICRA reaffirmed [ICRA]A+(Stable)/[ICRA]A1 for Axis Bank Limited Fund/NonFund-based Limits (59.75), ICICI Bank Limited Fund/NonFund-based Limits (20.00), and Kotak Mahindra Bank Limited Fund/NonFund-based Limits (20.00), all maturing on September 22, 2026, and reaffirmed [ICRA]A1 for Axis Bank Limited NonFund-Based Facilities (25.56), ICICI Bank Limited NonFund-Based Facilities (10.00), and Kotak Mahindra Bank Limited NonFund-Based Facilities (5.00), also maturing on September 22, 2026, alongside a reaffirmed [ICRA]A+ (Stable) rating for Financial Sector Regulator Fixed Deposits amounting to 30.00, while ICRA Limited also noted that Debt Securities carry a rating of Not Specified, with the borrowing limit subject to regulatory authority guidelines.

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