Thangamayil Jewellery (THANGAMAYL) — Announcement

Thangamayil Jewellery Limited disclosed ICRA's reaffirmation of its A+ (Stable) long-term and A1 short-term credit ratings for fixed deposit and working capital facilities totaling ₹1,412 crores. The rating reaffirmations cover all major bank limits including Axis, Federal, HDFC, ICICI, Kotak, and YES Bank facilities, with no changes to the rating outlook or credit assessment. The filing confirms ICRA's stable outlook and reaffirms existing ratings without any new credit actions or modifications to the facility terms.

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About Thangamayil Jewellery Limited (THANGAMAYL)

Consumer Durables · Diamond, Gems and Jewellery · Listed on NSE

Market Cap: ₹16,819.1 Cr P/E: 43.0 ROE: 27.6% ROCE: 26.3% Div Yield: 0.33%

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