Asian Paints Limited has had its credit ratings reaffirmed by Crisil Ratings Limited. The long-term bank loan facilities and non-convertible debentures received a ‘AAA/Stable’ rating, while short-term bank loan facilities were affirmed at ‘A1+’. These reaffirmations, dated September 10, 2026, signify the company’s strong financial health and creditworthiness.
Credit Rating Reaffirmation
Asian Paints Limited announced today that Crisil Ratings Limited has reaffirmed the company’s credit ratings. This reaffirms the strong financial standing and creditworthiness of Asian Paints in the market. The communication from Crisil Ratings was received by the company on September 11, 2026.
Key Ratings Affirmed
The following credit ratings have been reaffirmed:
- Long-term bank loan facilities: Rated ‘AAA/Stable’ with an aggregate amount of ₹1,428 crore.
- Short-term bank loan facilities: Rated ‘A1+’.
- Non Convertible Debentures: Rated ‘AAA/Stable’ with an aggregate amount of ₹10 crore.
- Short Term Debt: Rated ‘A1+’ with an aggregate amount of ₹50 crore.
These ratings are a testament to Asian Paints’ consistent performance and robust financial management. The detailed rating rationale can be accessed via the provided link.
Source: BSE
