Balrampur Chini Mills Limited announced that Crisil Ratings has reaffirmed its long-term credit rating as “Crisil AA+/Stable”. Concurrently, the Commercial Paper rating has been confirmed as “Crisil A1+”. Significantly, the total rated bank loan facilities have been enhanced from Rs. 3808.75 crores to Rs. 4269.75 crores, reflecting confidence in the company’s financial strength and operational stability.
Credit Rating Reaffirmation Announcement
Balrampur Chini Mills Limited has disclosed an update regarding its credit ratings following the mandatory disclosure requirements. The Company received confirmation from Crisil Ratings Limited concerning the reaffirmation of its existing ratings structure. The long-term rating for the bank facilities has been reaffirmed at “Crisil AA+/Stable”.
Commercial Paper and Facility Enhancement
In addition to the long-term rating reaffirmation, the rating assigned to the Company’s Commercial Paper has also been maintained at “Crisil A1+”. A key development highlighted in the disclosure is the enhancement of the Total Bank Loan Facilities Rated. This total facility size has increased from the previous level of Rs. 3808.75 crores to a new total of Rs. 4269.75 crores, resulting from additional credit facility enhancements secured from various banks.
This affirmation and subsequent enhancement underscore the market’s continued positive assessment of Balrampur Chini Mills’ credit profile and operational capabilities as of March 16, 2026.
Source: BSE
