CRISIL has assigned a ‘AAA’ rating with a ‘Stable’ outlook to Hindustan Petroleum Corporation Limited’s (HPCL) proposed Non-Convertible Debentures (NCDs) amounting to ₹5,000 crore. The rating reflects CRISIL’s assessment of HPCL’s creditworthiness and the stability of its financial outlook. This announcement was made on October 28, 2025.
CRISIL Rating for Debentures
Hindustan Petroleum Corporation Limited (HPCL) announced on October 28, 2025, that CRISIL Ratings has assigned a ‘AAA’ rating to its proposed Non-Convertible Debentures (NCDs). The total size of the debenture issue is ₹5,000 crore.
Rating Details
The rating assigned by CRISIL is ‘AAA’, indicating the highest degree of safety regarding timely servicing of financial obligations. The outlook on the rating is ‘Stable’.
Source: BSE
