India Ratings and Research Private Limited has assigned a credit rating to Hindustan Petroleum Corporation Limited’s proposed Non-Convertible Debentures (NCDs). The assigned rating is IND AAA, with a Stable outlook. The debentures have a size of ₹5,000 crore. This disclosure provides important information to investors regarding the creditworthiness of the company’s debt instruments.
Credit Rating Assigned
Hindustan Petroleum Corporation Limited (HPCL) has received a credit rating for its proposed Non-Convertible Debentures (NCDs) from India Ratings and Research Private Limited. The announcement, dated October 07, 2025, highlights the details of the assigned rating.
Debenture Details
The size of the Non-Convertible Debentures (NCDs) is ₹5,000 crore. India Ratings and Research Private Limited has assigned a rating of IND AAA to these debentures. The outlook on the rating is Stable.
Rating Significance
The IND AAA rating signifies the high credit quality of the Non-Convertible Debentures, indicating a very low risk of default. A Stable outlook suggests that the rating is not expected to change in the near term. This information is crucial for investors assessing the risk associated with investing in HPCL’s debt instruments.
Source: BSE
