JKB Financial Services Ltd.

As on : 29-Sep-2026

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29-Sep-2026 19:17

ICRA reaffirmed ratings on Updater Services Ltd's banking facilities, including a 135.00 fund-based facility

Updater Services Ltd announced that ICRA Limited has reaffirmed its ratings on various banking facilities, including a Long-term – Fund- based facility of 135.00 with a rating of [ICRA]AA- (Stable), a Long-term – Fund- based – (sublimit) facility of 30.00 also rated [ICRA]AA- (Stable), a Short-term – Non-fund based facility of 44.00 rated [ICRA]A1+, and a Short-term – Fund- based facility of 35.00 rated [ICRA]A1+; these reaffirmations apply to facilities from ICRA, including a Long-term Fund-based facility of 135.00, a Long-term Fund-based (sublimit) of 30.00, a Short-term Non-fund based facility of 44.00, and a Short-term Fund-based facility of 35.00, all rated [ICRA]AA- (Stable) and [ICRA]A1+ respectively, and further encompassing Fund based Cash Credit facilities from YESBank Limited (25.00), DBSBank Limited (20.00), ICICIBankLimited (5.00), HDFCBankLimited (55.00), StandardCharteredBank (30.00), DBSBank Limited (Sublimit 25.00), KotakMahindraBankLimited (Sublimit 5.00), along with Non Fund-Based Facilities from DBSBank Limited (5.00), ICICIBankLimited (25.00), HDFCBankLimited (14.00), and a Working Capital Demand Loan from Kotak Mahindra Bank Limited (35.00), with no enhancements, assignments, or withdrawals noted.

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