JM Financial Limited has received reaffirmed and assigned credit ratings from CRISIL Ratings Limited. The company’s Long-Term Bank Loan Facility and Commercial Paper have been reaffirmed at CRISIL AA/Stable and CRISIL A1+, respectively. Additionally, Non-Convertible Debentures have been assigned a rating of CRISIL AA/Stable. These ratings reflect a strong degree of safety and low credit risk.
CRISIL Affirms Strong Credit Ratings for JM Financial
JM Financial Limited announced on August 31, 2026, that CRISIL Ratings Limited has reaffirmed and assigned credit ratings for its key financial instruments. This disclosure, made in compliance with SEBI Listing Obligations and Disclosure Requirements, highlights the company’s robust financial standing.
Key Rating Actions
The following ratings have been confirmed:
- Long-term Bank Loan Facility: Reaffirmed at CRISIL AA/Stable. This signifies a high degree of safety regarding timely payment of financial obligations.
- Non-Convertible Debentures: Assigned a rating of CRISIL AA/Stable. This indicates a strong creditworthiness for these instruments.
- Commercial Paper: Reaffirmed at CRISIL A1+. This rating suggests very strong safety and the lowest credit risk for short-term obligations.
These ratings reflect CRISIL’s assessment of JM Financial’s credit quality and its ability to meet financial commitments. The company has also made the disclosure available on its website and requested stock exchanges to disseminate the information.
Source: BSE
