Torrent Pharmaceuticals has announced that its credit rating has been affirmed/assigned at IND AA+(Stable) by India Ratings and Research Private Limited. This applies to the company’s existing banking facilities, issuer rating, and Non-Convertible Debentures (NCDs), as well as the proposed NCDs of the Company. The rating reflects the company’s stable financial outlook.
Credit Rating Confirmation
Torrent Pharmaceuticals has received confirmation regarding its credit ratings. India Ratings and Research Private Limited has affirmed the credit rating for the company’s financial instruments at IND AA+(Stable). This rating is applicable to a range of financial obligations, including existing and proposed debt instruments.
Details of the Rating
The affirmed rating of IND AA+(Stable) applies to the following:
- The Company’s existing banking facilities
- Issuer rating
- Non-Convertible Debentures (NCDs)
- Proposed NCDs of the Company.
This announcement was officially made on October 7th, 2025.
Source: BSE
