Tejas Networks has received a credit rating of [ICRA]A1+ from ICRA Limited for its ₹500 Crore Commercial Paper (CP) programme. This rating was officially assigned on January 08, 2026. The rating is applicable to the company’s short-term borrowing program and reflects ICRA’s assessment of Tejas Networks’ creditworthiness for meeting its financial obligations.
ICRA Assigns Rating
ICRA Limited has assigned a rating of [ICRA]A1+ to Tejas Networks’ Commercial Paper programme. The rating, confirmed on January 08, 2026, pertains to the company’s ability to meet its short-term financial commitments. This rating is for a total amount of ₹500 Crore.
Details of the Programme
The assigned rating applies specifically to Tejas Networks’ Commercial Paper (CP) programme, and any changes in the terms or size of the instrument would require a review of the rating. The company is expected to inform ICRA of any developments that could impact its debt servicing capability.
Rating Validity
If the Commercial Paper is not issued within 3 months from January 08, 2026, the rating would need to be revalidated. The rating is valid throughout the life of the programme, with a maximum maturity of twelve months from the date of issuance.
Source: BSE
