SHK NSE filing

SH Kelkar's Long-Term Bank Loan Rating Affirmed at CRISIL AA-/Negative

The RealCase readLow impact Neutral

S H Kelkar and Company Limited's long-term bank loan facilities of ₹372 crore have been reaffirmed with a CRISIL AA-/Negative credit rating by Crisil Ratings Limited. The rating action was announced on September 28, 2026.

Why it matters

The credit rating has been reaffirmed with a negative outlook, indicating a stable but potentially deteriorating credit quality. This is a routine disclosure and does not represent a significant immediate impact on the company's operations or stock price.

The market read

The announcement is a routine credit rating reaffirmation, which typically has a neutral impact unless there is a significant change in the rating or outlook.

S H Kelkar and Company Limited announced on September 28, 2026, that Crisil Ratings Limited has reaffirmed the credit rating for the company's bank loan facilities. The long-term rating on bank loan facilities, amounting to ₹372 crore, has been reaffirmed at CRISIL AA-/Negative. This information was received by the company on September 28, 2026, at 12:58 p.m. IST. The company has also uploaded this intimation on its website, www.keva.co.in.

Filing to action

What to do with a filing like this

S H Kelkar and Company Limited filed this with the NSE as a statutory disclosure, categorised under credit ratings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by S H Kelkar and Company Limited. Read the original for the full detail.

View original filing