CARE Ratings has reaffirmed the A1+ rating for Berger Paints India Limited’s commercial paper. This announcement, dated September 20, 2025, confirms the company’s strong creditworthiness and ability to meet its short-term financial obligations. The reaffirmed rating indicates a stable outlook for Berger Paints’ financial instruments.
Commercial Paper Rating Reaffirmed
Berger Paints India Limited has received confirmation that CARE Ratings Limited has reaffirmed the A1+ rating for its commercial paper. This rating signifies the highest credit quality and indicates a very low risk of default.
Details of the Rating
The reaffirmed rating of CARE A1+ underscores Berger Paints’ ability to meet its short-term financial commitments. The announcement was officially made on September 20, 2025, following a review by CARE Ratings. This rating is applicable to the company’s commercial paper program.
This rating provides assurance to investors and stakeholders regarding the financial stability of Berger Paints.
Source: BSE