Siyaram Silk Mills Limited (SIYSIL) — Announcement | 24 August 2026(2 announcements)

· NSE 🔴 High Importance Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
1 Announcement 🔴 High Importance Neutral 📄 PDF
📢 Key Event
CRISIL reaffirms Siyaram Silk Mills' credit ratings at AA-/Stable and A1+
🔄 What Changed
No change in ratings or outlook
🔮 What's Next
Ratings remain under surveillance and may be revised based on new information
💡 Investor Takeaway
The reaffirmation confirms the company's strong creditworthiness and low default risk for debt obligations.

Siyaram Silk Mills received a reaffirmation of its credit ratings from CRISIL, confirming a Long Term rating of AA-/Stable and Short Term rating of A1+ for total bank loan facilities of ₹350.69 crores. The reaffirmation, effective until March 31, 2027, reflects stable outlook and no changes to existing ratings. This validates the company's debt servicing capacity and financial discipline.

2 Announcement 🔴 High Importance Neutral 📄 PDF
📢 Key Event
CRISIL assigns AA-/Stable rating to Rs. 318 crore preference shares
🔄 What Changed
AA-/Stable rating assigned to new preference shares
🔮 What's Next
Rating under surveillance; may be revised with new information
💡 Investor Takeaway
The rating validates low credit risk for the preference shares but does not advise buying or selling.

Siyaram Silk Mills announced CRISIL has assigned a Crisil AA-/Stable rating to its Rs. 318 crore 9% cumulative non-convertible redeemable preference shares, reflecting high safety for timely payments. The rating underscores confidence in the company's debt obligations but carries no investment recommendation.

About Siyaram Silk Mills Limited (SIYSIL)

Textiles · Textiles · Listed on NSE

Market Cap: ₹2,495.13 Cr P/E: 10.5 ROE: 16.3% ROCE: 19.4% Div Yield: 1.64%

View full SIYSIL stock details →

📡 Get AI alerts when SIYSIL files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track SIYSIL — Free

📊 More SIYSIL filings

See all SIYSIL filings →

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

Editorial & Data Transparency Notice

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.

📡 Get AI alerts when SIYSIL files new disclosures

Track SIYSIL filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track SIYSIL — Free

Free account · 2 AI queries/day