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Name of Lender Facility/Instrument Amount (Rs. Crore)
Axis Bank Limited Term Loans 71.35
Canara Bank Term Loans 21.69
State Bank of India Term Loans 35.7
State Bank of India Cash Credit 75
Canara Bank Cash Credit 60
Canara Bank Letter of Credit 30
Not Applicable Unallocated Limits 0.5

*April 30, 2025


The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Sri Shanmugavel Mills Private Limited rated by ICRA. To access the previous rating rationale: Click Here.


This update is being published as per the directions of the Reserve Bank of India (RBI) to the Credit Rating Agencies (CRAs) vide the communication [CO.DOR.ISG.No.S150/21-06-008/2021-2022] dated June 4, 2021.