Crisil has upgraded Asahi India Glass’s long-term credit rating to Crisil AA-/Stable from Crisil A+/Stable. The short-term rating has also been upgraded to Crisil A1+ from Crisil A1. This announcement was made on October 8, 2025, and reflects Crisil’s assessment of the company’s improved financial risk profile. These upgrades signal enhanced creditworthiness for Asahi India Glass.
Credit Rating Upgrade
Asahi India Glass (AIS) has received an upgrade in its credit ratings from Crisil. The long-term rating has been raised to Crisil AA-/Stable, a notable improvement from the previous Crisil A+/Stable rating. This upgrade indicates a stronger capacity to meet financial commitments.
Short-Term Rating Improvement
In addition to the long-term rating, Crisil has also upgraded Asahi India Glass’s short-term credit rating. The new rating stands at Crisil A1+, up from Crisil A1. This reflects Crisil’s positive outlook on the company’s ability to meet its short-term financial obligations.
Details of the Upgrade
The upgrade in credit ratings applies to the bank facilities of Asahi India Glass. The upgrades were announced on October 8, 2025. The rating agency’s decision is based on an assessment of Asahi India Glass’s overall financial health and stability.
Source: BSE
