Godrej Agrovet Limited has received updated credit ratings from India Ratings & Research for its existing bank loan facilities. The company’s Long Term rating was confirmed at “IND AA” with a stable outlook for facilities amounting to Rs. 7,500 Million. Concurrently, the Short Term rating was affirmed at “IND A1+” for facilities totaling Rs. 500 Million. This intimation was made public on March 17, 2026.
Credit Rating Update Announcement
Godrej Agrovet Limited today announced that it has received a formal communication regarding the credit rating assigned to its Bank Loan Facilities by India Ratings & Research. This update, dated March 17, 2026, confirms the ratings assigned under the applicable regulatory framework for material disclosures.
Long Term Facility Rating
The rating agency assigned a Long Term rating of “IND AA” (pronounced as ‘IND double A’) to the company’s existing Bank Loan Facilities. This rating applies to an aggregate amount of Rs. 7,500 Million (Rupees Seven Thousand Five Hundred Million Only). The outlook associated with this long-term rating has been confirmed as stable.
Short Term Facility Rating
For its Short Term facilities, Godrej Agrovet Limited received a rating of “IND A1+” (pronounced as ‘IND A one plus’). This high rating is applicable to facilities amounting to Rs. 500 Million (Rupees Five Hundred Million Only).
Public Disclosure
The company confirmed that this notification, detailing the reaffirmation of its credit profiles, is also publicly accessible on the official company website. The disclosure was authorized by Vivek Raizada, Head- Legal & Company Secretary & Compliance Officer.
Source: BSE
