CARE Ratings Limited has re-affirmed the credit ratings for Tata Chemicals’ debt instruments and bank facilities. Ratings for non-convertible debentures and long-term bank facilities remain at CARE AA+; Stable. The rating for short-term bank facilities is CARE A1+. The re-affirmation reflects Tata Chemicals’ stable financial outlook.
Credit Ratings Update
Tata Chemicals has received an update from CARE Ratings Limited regarding the credit ratings for its various debt instruments and bank facilities, officially announced on December 1, 2025.
Details of Ratings
The ratings for the following instruments have been assigned or re-affirmed:
- Non-Convertible Debentures (NCDs) amounting to ₹1,500 crore: CARE AA+; Stable (Double A Plus; Outlook: Stable) – Assigned
- Non-Convertible Debentures (NCDs) amounting to ₹1,700 crore: CARE AA+; Stable (Double A Plus; Outlook: Stable) – Re-affirmed
- Long Term Bank Facilities amounting to ₹1,300 crore: CARE AA+; Stable (Double A Plus; Outlook: Stable) – Re-affirmed
- Short Term Bank Facilities amounting to ₹2,000 crore: CARE A1+ (A One Plus) – Re-affirmed
Source: BSE
