JK Paper Ltd. has announced that CRISIL Ratings Limited has reaffirmed the company’s credit rating. The Long-Term Rating for bank loan facilities of Rs. 3280.50 crores and Fixed Deposits of Rs. 100 crore, among other instruments, have been reaffirmed at CRISIL AA/Stable. Commercial Paper of Rs. 250 crore was reaffirmed at CRISIL A1+, signifying strong creditworthiness.
CRISIL Reaffirms JK Paper’s Credit Ratings
JK Paper Ltd. has received confirmation from CRISIL Ratings Limited regarding the reaffirmation of its credit ratings across various funding facilities. This announcement, made on September 16, 2026, underscores the company’s sustained financial health and stability.
Instrument-Wise Rating Details
The following credit ratings have been reaffirmed:
- Long-Term Rating (for Bank Loan facilities of Rs. 3280.50 crores): CRISIL AA/Stable (reaffirmed)
- Fixed Deposits of Rs. 100 crore: CRISIL AA/Stable (reaffirmed)
- NCDs aggregating to Rs. 300 crore: CRISIL AA/Stable (reaffirmed)
- NCDs aggregating to Rs. 50 crore: CRISIL AA/Stable (reaffirmed)
- NCDs aggregating to Rs.285 crore: CRISIL AA/Stable (reaffirmed)
- NCDs aggregating to Rs.125 crore: CRISIL AA/Stable (reaffirmed)
- Commercial Paper of Rs. 250 crore: CRISIL A1+ (reaffirmed)
The reaffirmation by CRISIL indicates a strong outlook on JK Paper’s ability to meet its financial obligations, providing comfort to investors and lenders.
Source: BSE
