ICRA Limited reaffirmed Reliance Industries’ credit rating of ‘[ICRA]AAA (Stable)’ and ‘[ICRA]A1+’ for its non-convertible debentures and commercial paper, respectively. This announcement, dated January 29, 2026, highlights the company’s stable financial outlook and strong creditworthiness in the market. The reaffirmation indicates continued confidence in Reliance Industries’ financial stability and its ability to meet its debt obligations.
Credit Rating Maintained
Reliance Industries has received confirmation that ICRA Limited has reaffirmed its credit ratings. The ratings apply to the company’s non-convertible debentures and commercial paper. This decision was communicated via a press release dated January 29, 2026.
Specific Ratings Details
ICRA Limited has specifically reaffirmed the credit rating of ‘[ICRA]AAA (Stable)’ for the long-term debt instruments. Additionally, the rating of ‘[ICRA]A1+’ has been reaffirmed for the short-term debt instruments. These ratings reflect ICRA’s assessment of Reliance Industries’ ability to meet its financial commitments.
Impact of Rating Reaffirmation
The reaffirmation of these credit ratings indicates a stable outlook for Reliance Industries. It reflects the company’s sound financial management and its capacity to handle its debt obligations effectively. This can positively influence investor confidence and facilitate easier access to capital markets. The maintenance of these high ratings demonstrates the sustained financial strength and reliability of Reliance Industries.
Source: BSE
