Shriram Finance Limited announced the receipt of updated credit ratings from CARE Ratings Limited. The company’s Long-Term/Short-Term Bank Facilities aggregating ₹50,000 crore were assigned a rating of CARE AAA; Stable / CARE A1+. Additionally, the Non-Convertible Debentures amounting to ₹7,631.12 crore were assigned a rating of CARE AAA; Stable. Both actions are categorized as ‘Assigned’ and are effective as of February 12, 2026.
Credit Rating Updates Announced by Shriram Finance
Shriram Finance Limited has formally informed the stock exchanges regarding the new credit ratings received from CARE Ratings Limited (CARE) for its primary instruments. This intimation confirms compliance with relevant disclosure requirements concerning credit ratings assigned to the company’s debt and banking obligations.
Ratings for Bank Facilities
The rating agency assigned a superior rating to the company’s aggregate bank facilities. The details are as follows:
- Instrument: Long-Term/ Short-Term Bank Facilities
- Amount: ₹50,000 Crore
- Rating Assigned: CARE AAA; Stable / CARE A1+
- Rating Action: Assigned
Rating for Debentures
The proposed Long Term Non-convertible Debenture (NCD) issue also received a favorable rating:
- Instrument: Non-Convertible Debentures
- Amount: ₹7,631.12 Crore
- Rating Assigned: CARE AAA; Stable
- Rating Action: Assigned
Validity and Next Steps
The rating for the bank facilities is noted as normally valid for a period of one year from the date of initial communication, which was February 12, 2026. The formal rating report and a press release detailing these actions will be communicated to the company separately. The company confirms that this information will be made available on its official website promptly.
Source: BSE
