Aditya Birla Capital’s credit ratings have been reaffirmed for various debt instruments, according to a recent announcement. ICRA has reaffirmed ratings for non-convertible debentures, subordinated debt, perpetual debt, and bank lines. Additionally, a rating has been assigned to a new non-convertible debenture issuance. The total current rated amount for these instruments is ₹208,268.10 crore.
Debt Instrument Ratings Update
Aditya Birla Capital announced that ICRA has reaffirmed the ratings for multiple debt instruments. This decision reflects the stability and creditworthiness of the company’s financial structure.
Key Rating Actions
The announcement details the following key rating actions:
- Non-Convertible Debentures: Ratings reaffirmed for existing debentures amounting to ₹46,451.10 crore. A new rating has been assigned to a debenture of ₹25,000.00 crore.
- Retail Non-Convertible Debenture: Rating reaffirmed for ₹15,000.00 crore.
- Unsecured Non-Convertible Debenture: Rating reaffirmed for ₹1,500.00 crore.
- Subordinated Debt Programme: Rating reaffirmed for ₹7,717.00 crore.
- Perpetual Debt Programme: Rating reaffirmed for ₹1,700.00 crore.
- Commercial Paper Programme: Rating reaffirmed for ₹20,900.00 crore.
- Bank Lines: Ratings reaffirmed for ₹90,000.00 crore.
Total Rated Amount
The total amount of debt instruments with reaffirmed or newly assigned ratings is ₹208,268.10 crore, providing Aditya Birla Capital with significant financial flexibility and stability.
Source: BSE
