Spectrum Electrical Industries Ltd. announced enhancements and reaffirmations across a range of its debt instruments by CRISIL Ratings Ltd., including an enhancement of bank loan facilities from Rs. 250 Crore to Rs. 320 Crore, with the total bank loan facilities of Rs. 320 Crore now carrying a Crisil A- /Stable (Long Term) rating and a Crisil A2+ (Short Term) rating, both reaffirmed; other reaffirmed instruments include Bank Loan Facilities totaling Rs. 250 Crore, a Bank Guarantee of 0.14 Crore (Crisil A2+), Bill Discounting of 1 Crore (Crisil A2+), Cash Credit facilities of 25 Crore (Crisil A-/Stable), 40 Crore (Crisil A-/Stable), and 30 Crore (Crisil A-/Stable), Channel Financing of 25 Crore (Crisil A-/Stable), a Letter of Credit of 0.21 Crore (Crisil A2+), a Proposed Working Capital Facility of 2.34 Crore (Crisil A2+), Term Loans of 51.01 Crore (Crisil A-/Stable), 100.3 Crore (Crisil A-/Stable), a Working Capital Demand Loan of 20 Crore (Crisil A-/Stable), and another Working Capital Demand Loan of 25 Crore (Crisil A-/Stable), all with reaffirmations; the rating letter for the enhancement of bank loan facilities is dated November 6, 2026.
Beware of fraudulent tips, unauthenticated news and advice on stock market.
At BOB Capital, your account security is our topmost priority. Beware of receiving fraudulent communications, unauthenticated trading tips and unsolicited calls on trading in stocks from unverified sources received through WhatsApp, Telegram, SMS, Calls, etc., and take an informed decision before investing.
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: