Halder Venture Limited – Credit Rating Update (NSE: HALDER | BSE: 539854)

Introduction

On 17 July 2026, Halder Venture Limited filed an intimation with the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing communicates the latest credit rating assigned by CRISIL Ratings Limited to the company’s bank loan facilities.

---

Rating Summary

Item	Rating / Outlook
Total Bank Loan Facilities Rated	₹ 387.27 crore
Long‑Term Rating	CRISIL BBB‑/Stable (migrated from CRISIL BB+/Stable – Issuer Not Cooperating)
Short‑Term Rating	CRISIL A3 (reassigned)

• The ratings are under continuous surveillance and may be revised or withdrawn by CRISIL based on new information.
• The rating letter remains valid until 31 March 2027. If the proposed facilities are not availed within 180 days of the letter date, a fresh re‑validation from CRISIL will be required.

---

Detailed Facility‑Wise Ratings

#	Facility Type	Bank / Lender	Amount (₹ crore)	Rating (Outlook)
1	Cash Credit	Punjab National Bank	30	CRISIL BBB‑/Stable
2	Cash Credit	Central Bank of India	27	CRISIL BBB‑/Stable
3	Cash Credit	Union Bank of India	29	CRISIL BBB‑/Stable
4	Cash Credit	Bank of India	115	CRISIL BBB‑/Stable
5	Cash Credit	State Bank of India	1	CRISIL BBB‑/Stable
6	Cash Credit	Bank of Baroda	8	CRISIL BBB‑/Stable
7	Cash Credit	Axis Bank Limited	58	CRISIL BBB‑/Stable
8	Cash Credit	ICICI Bank Limited	38	CRISIL BBB‑/Stable
9	Non‑Fund Based Limit	Axis Bank Limited	3.1	CRISIL A3
10	Proposed Term Loan	–	13.07	CRISIL BBB‑/Stable
11	Term Loan	Bank of Baroda	6.6	CRISIL BBB‑/Stable
12	Term Loan	Central Bank of India	3	CRISIL BBB‑/Stable
13	Term Loan	State Bank of India	21	CRISIL BBB‑/Stable
14	Term Loan	Union Bank of India	33	CRISIL BBB‑/Stable
15	Term Loan	Axis Bank Limited	1.5	CRISIL BBB‑/Stable
Total	–	–	387.27	–

---

Regulatory & Compliance Highlights

• SEBI Regulation 30 requires the company to disclose the rating and its rationale, which is also posted on the company website (www.halderventure.in).
• CRISIL notes that ratings for instruments falling under other financial‑sector regulators (RBI, MCA, IRDAI, etc.) are not covered by SEBI’s grievance/redressal mechanisms. A detailed list of such instruments and their regulators is provided in the annexure of the filing.
• Investors can verify the latest rating information on the CRISIL portal: https://www.crisilratings.com.

---

Validity, Next Steps & Investor Action

• Validity: The current rating letter is effective until 31 March 2027.
• Re‑validation Trigger: If the company does not draw down the proposed facilities within 180 days of the letter date (i.e., by 13 January 2027), a new rating validation will be required.
• Investor Record: Stakeholders are requested to file this rating information in their records and monitor any subsequent updates from CRISIL.

---

Disclaimer (as per CRISIL)

• The rating reflects CRISIL’s current opinion on the likelihood of timely payment of the obligations and does not constitute an audit of Halder Venture Limited.
• It is not a recommendation to buy, sell, or hold any instrument, nor does it comment on market price or suitability for any investor.
• CRISIL’s ratings are based on information supplied by the issuer and other reliable sources; the agency does not guarantee completeness or accuracy of that information.
• For the full disclaimer and methodology, refer to the CRISIL website or contact their helpdesk (Crisilratingdesk@crisil.com, 1800‑267‑3850).