Fitch Ratings has affirmed Tata Chemicals Limited’s long-term foreign currency issuer default rating (IDR) at BB+ with a stable outlook. This rating reflects Fitch’s assessment of Tata Chemicals’ creditworthiness and its ability to meet its financial obligations. The affirmation indicates Fitch’s confidence in the company’s financial stability and operational performance. This announcement was made on February 6, 2026.
Credit Rating Maintained
On February 6, 2026, Fitch Ratings affirmed Tata Chemicals Limited’s Long Term Foreign Currency Issuer Default Rating (IDR) at BB+. The outlook for the rating is considered stable. This decision reflects the agency’s current assessment of the company’s financial standing.
Implications of the Rating
The affirmation of the BB+ rating with a stable outlook by Fitch Ratings suggests that the agency believes Tata Chemicals Limited will continue to maintain its current level of creditworthiness. This is based on its assessment of the company’s financial health, business operations, and its ability to manage its financial obligations effectively.
Source: BSE
