CRISIL Ratings Limited has reaffirmed its ratings for Vedanta Limited’s debt instruments while placing them under ‘Watch Developing’. The long-term rating remains at CRISIL AA, continuing to carry the ‘Watch Developing’ status. The short-term rating has been reaffirmed at CRISIL A1+. This latest action, announced on February 25, 2026, covers the company’s Non-Convertible Debentures, which remain assigned the ‘CRISIL AA’ rating status.
Credit Rating Update Announced
Vedanta Limited has disclosed that CRISIL Ratings Limited issued an update regarding the ratings assigned to its debt instruments on February 25, 2026. The communication confirms that the key ratings assigned to the company remain unchanged following the review.
Rating Status Details
The core ratings assigned by CRISIL are summarized as follows:
- Long-term Rating: Reaffirmed at CRISIL AA and remains under ‘Watch Developing’ status.
- Short-term Rating: Reaffirmed at CRISIL A1+.
- Applicable Instrument: Non-Convertible Debentures (NCDs).
This reaffirmation maintains the previous rating structure of CRISIL AA / Watch Developing / CRISIL A1+ for Vedanta Limited’s rated instruments.
Disclosure and Next Steps
The rating agency’s detailed rationale outlining the basis for this affirmation and continued watch status has been made publicly available. Vedanta Limited has requested that the stock exchanges take this information on record as required under applicable securities regulations.
Source: BSE
