Birla Corporation Limited announced that its wholly-owned material subsidiary, RCCPL Private Limited, has had its bank loan facilities affirmed with a rating of IND AA/Stable by India Ratings & Research Pvt. Ltd. The total value of these facilities amounts to INR 17,180 million. This affirmation reflects the subsidiary’s strong creditworthiness and stable financial outlook, contributing positively to the overall financial standing of the parent company. The rating was received on June 15, 2026.
Credit Rating Affirmation for RCCPL Private Limited
Birla Corporation Limited has officially disclosed the credit rating affirmation for its wholly-owned material subsidiary, RCCPL Private Limited. The rating agency, India Ratings & Research Pvt. Ltd., has affirmed the rating for RCCPL’s bank loan facilities. The rating assigned is IND AA with a Stable outlook, signifying a strong capacity to meet financial commitments.
Key Financial Details
The affirmed rating pertains to RCCPL Private Limited’s bank loan facilities, which total an aggregate value of INR 17,180 million. The rating action undertaken by India Ratings & Research Pvt. Ltd. was an Affirmation, indicating that the previous rating has been maintained. This news was formally communicated to the company on June 15, 2026, at approximately 6:04 p.m. IST.
Subsidiary’s Financial Strength
This rating affirmation underscores the robust financial health and credit profile of RCCPL Private Limited. As a wholly-owned material subsidiary, its strong credit rating contributes positively to the overall financial stability and investment appeal of Birla Corporation Limited. The company has provided the detailed rating letter from India Ratings & Research Private Limited as an enclosure to this disclosure.
Facilities Breakup
An annexure provides a detailed breakdown of the facilities, showing various term loans from different banks including Punjab National Bank, HDFC Bank Limited, Indian Bank, IndusInd Bank Limited, and DBS Bank India Limited. All these term loans, along with a proposed term loan, have received the IND AA/Stable rating. The outstanding amounts range from INR 720.00 million to INR 6,892.40 million across these facilities.
Source: BSE
