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Home β€Ί News β€Ί 543391 β€Ί Announcement

Suyog Gurbaxani Funicular Ropeways Ltd (543391) β€” Announcement | 24 September 2026

24 September 2026 Β· BSE πŸ”΄ High Importance Neutral
By StockFin Research Teamβ€’AI-Assisted Analysisβ€’Source: BSE/NSE Filings
πŸ“’ Key Event
CRISIL withdraws BBB/Stable rating on Rs. 35 crore bank loan facility
πŸ”„ What Changed
Rating withdrawn on Rs. 35 crore long-term facility
πŸ’‘ Investor Takeaway
The credit rating on the company's primary bank loan has been withdrawn, removing external validation of its long-term debt capacity.

Suyog Gurbaxani Funicular Ropeways Ltd announced the withdrawal of its CRISIL BBB/Stable rating on a Rs. 35 crore long-term bank loan facility, as requested by the company and confirmed by the lender. The rating was formally withdrawn on September 24, 2026, with CRISIL confirming the withdrawal in a press release and enclosing documentation for BSE's records. This action removes the credit rating from the company's outstanding long-term facilities, which previously stood at Rs. 35 crore with Union Bank of India.

πŸ“„ View Original Announcement (PDF)

πŸ“Š Stock Analysis β€” 543391✨ Ask AI About This

About Suyog Gurbaxani Funicular Ropeways Ltd (543391)

Construction Β· Infrastructure Developers & Operators Β· Listed on BSE

Market Cap: β‚Ή208.84 Cr

View full 543391 stock details β†’

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πŸ’‘ Ask AI about this filing

"What is the current credit rating status for other Suyog Gurbaxani Funicular Ropeways facilities?""How does the withdrawn rating affect the company's borrowing costs with Union Bank?""What alternative credit validation methods will the company use for future financing?"
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πŸ“Š More 543391 filings

  • πŸ”΄ Annual Report β€” 29 September 2026Suyog Gurbaxani Funicular Ropeways Limited (SGFRL) submitted a revised Annual Report for FY 2025-26 ...
  • 🟑 Board Meeting β€” 29 September 2026Suyog Gurbaxani Funicular Ropeways held its 17th AGM on September 29, 2026 via video conference, ado...
  • 🟑 Voting Results β€” 29 September 2026At the 17th AGM on September 29, 2026, shareholders approved all five resolutions including adoption...
  • Announcement β€” 23 September 2026Suyog Gurbaxani Funicular Ropeways Ltd announced that its trading window will close on October 1, 20...
  • 🟑 Board Meeting β€” 7 September 2026Suyog Gurbaxani Funicular Ropeways Limited announced its 17th Annual General Meeting on September 29...
See all 543391 filings β†’

πŸ”₯ Also filed on 24 September 2026

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View all today's announcements β†’

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only β€” not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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