01-Aug-2026Today's Market Indicators


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Tanfac Industries receives reaffirmed ICRA ratings for various facilities and limits
(11:36, 01 Aug 2026)
Tanfac Industries Ltd announced that ICRA reaffirmed the rating of [ICRA]A+(Stable) for its fund-based limits – Working capital facilities amounting to 50.0, reaffirmed [ICRA]A1+ for its non-fund-based facilities – Working capital facilities amounting to 105.0, and reaffirmed [ICRA]A1+ for its short-term – Unallocated Limits amounting to 40.00; additionally, ICRA assigned ratings of [ICRA]A+ (Stable) for Cash Credit Limits from State Bank of India amounting to 20.00, Cash Credit Limits from IDBI Bank Limited amounting to 10.00, and Cash Credit Limits from HDFC Bank Limited amounting to 20.00, all maturing on July 31, 2026, alongside ratings of [ICRA]A1+ for Letter of Credit /Bank Guarantee Limits from State Bank of India amounting to 60.00, Letter of Credit /Bank Guarantee Limits from IDBI Bank Limited amounting to 30.00, Letter of Credit /Bank Guarantee Limits from HDFC Bank Limited amounting to 15.00, and [ICRA]A1+ for Unallocated Limits – Unallocated Limits amounting to 40.00, also maturing on July 31, 2026, with no enhancements, withdrawals, or downgrades reported.