Crompton Greaves Consumer Electricals Limited announced revisions to its credit ratings as of January 27, 2026. CRISIL has withdrawn the rating for the Non-Convertible Debentures (NCDs) and has assigned ratings to long and short term bank loan facilities. The announcement details the specific ratings and amounts involved.
Credit Rating Adjustments
Crompton Greaves Consumer Electricals Limited has communicated updates regarding its credit ratings. According to the announcement released on January 27, 2026, there have been some changes to the ratings assigned by CRISIL Ratings Limited.
Details of Rating Changes
The credit rating for Non-Convertible Debentures (“NCDs”) amounting to Rs. 300 crore has been withdrawn. This action by CRISIL Ratings Limited is part of the ongoing evaluation and adjustments to reflect the company’s current financial standing. According to the announcement, these NCDs were fully redeemed on July 22, 2025.
Loan Facility Ratings
Furthermore, the company stated that CRISIL has assigned a rating of CRISIL AA+/Stable to the long term bank loan facilities amounting to Rs. 975 crore. Also, CRISIL A1+ rating has been assigned to the Short Term Bank Loan Facilities amounting to Rs. 975 crore.
Source: BSE
