Chambal Fertilisers and Chemicals Limited announced that CRISIL Ratings Limited has re-affirmed the credit ratings for its existing bank loan facilities and commercial paper programs, effective March 17, 2026. The long-term rating for Bank Loans remains Crisil AA+/Positive. Furthermore, the company secured a re-affirmation for its proposed new long-term bank loan facilities amounting to Rs. 4573.56 Crore at the same elevated rating level.
Credit Rating Updates Confirmed
Chambal Fertilisers and Chemicals Limited has officially disclosed the results of its recent credit review by CRISIL Ratings Limited. The ratings were re-affirmed following an assessment dated March 17, 2026, covering both existing and revised debt facilities.
Revised Facility Ratings Summary
The announcement detailed changes in the sanctioned amounts for existing facilities alongside the reaffirmation of their respective credit ratings. The long-term rating for Bank Loan Facilities was re-affirmed at Crisil AA+/Positive.
Rating Changes Table
The following table summarizes the comparison between the previous rating amounts and the newly revised amounts:
| Type of facilities | Previous Rating Amount | Revised Rating Amount | Current Credit Rating |
|---|---|---|---|
| Bank Loan Facilities (Long Term Rating) | Rs. 4,000 Crore | Rs. 2,000 Crore | Crisil AA+/Positive (Rating Re-affirmed) |
| Bank Loan Facilities (Short Term Rating) | Rs. 4,720 Crore | Rs. 3,720 Crore | Crisil A1+ (Rating Re-affirmed) |
| Commercial Paper Programme | Rs. 4,500 Crore | Rs. 2,500 Crore | Crisil A1+ (Rating Re-affirmed) |
Confirmation on Proposed Facilities
In addition to the existing programs, CRISIL Ratings Limited confirmed the re-affirmation of the credit rating of “Crisil AA+/Positive” on a significant new tranche of debt. This rating applies to Rs. 4573.56 Crore worth of proposed bank loan facilities designated for the long-term needs of the Company.
The official communication regarding these details was issued by Tridib Barat, Vice President – Legal & Company Secretary.
Source: BSE
