CRISIL Ratings Limited has re-affirmed the rating for Sundram Fasteners Limited’s debt instruments, according to an announcement dated November 11, 2025. The rating for short term debt has been affirmed at CRISIL A1+, indicating a stable outlook for the company’s financial obligations. This re-affirmation reflects CRISIL’s assessment of the company’s creditworthiness.
Rating Re-affirmation
Sundram Fasteners Limited announced that CRISIL Ratings Limited has re-affirmed its rating for the company’s debt instruments as of November 11, 2025. This announcement highlights the continued stability and reliability of Sundram Fasteners’ financial instruments, as perceived by a leading credit rating agency.
Details of Rating
The CRISIL rating applies to the following instruments:
- Short Term Debt: CRISIL A1+
- Commercial Paper: CRISIL A1+
The CRISIL A1+ rating indicates a very strong degree of safety regarding timely payment of financial obligations. This rating affirmation suggests a stable outlook for Sundram Fasteners Limited.
Source: BSE
