Torrent Pharmaceuticals has received affirmation on existing credit ratings and a new rating assignment from India Ratings and Research Private Limited. Existing banking facilities and Non-Convertible Debentures (NCDs) maintained a rating of IND AA+(Stable). A rating of IND A1+ has been assigned to the company’s proposed Commercial Paper.
Credit Rating Update
Torrent Pharmaceuticals has announced updates to its credit ratings, following a review by India Ratings and Research Private Limited. The announcement was made on January 2, 2026.
Existing Facilities Rating
The credit rating for the Company’s existing banking facilities, issuer rating and Non-Convertible Debentures (NCDs) has been affirmed at IND AA+(Stable).
Commercial Paper Rating
A rating of IND A1+ has been assigned to the proposed Commercial Paper of the Company.
Source: BSE
