Godrej Properties Limited has announced that India Ratings and Research Private Limited has affirmed its credit ratings. The agency has reaffirmed the rating for Commercial Paper at IND A1+ and assigned an IND AA+ (Stable) rating to Non-Convertible Debentures. This affirmation reflects the company’s consistent financial performance and robust market position, providing reassurance to investors regarding its creditworthiness.
Credit Rating Affirmation
Godrej Properties Limited has received a positive update regarding its credit ratings. India Ratings and Research Private Limited, a leading credit rating agency, has affirmed the credit ratings for key financial instruments of the company. This announcement, made on August 26, 2026, highlights the company’s sustained financial health and operational strength.
Rating Details
The rating agency has reaffirmed the rating for the company’s Commercial Paper to IND A1+. This rating is assigned for an enhanced amount of ₹4,000 crore, up from the previously enhanced amount of ₹3,500 crore. Additionally, India Ratings has assigned a rating of IND AA+ (Stable) to the company’s Non-Convertible Debentures, amounting to ₹4,500 crore. The rating for the Non-Convertible Debentures has been affirmed.
These affirmed and assigned ratings underscore Godrej Properties’ strong credit profile and its ability to meet its financial obligations. The increased limit for Commercial Paper also suggests enhanced liquidity and short-term borrowing capacity for the company.
Source: BSE
