V-Guard Industries has announced the reaffirmation of its credit rating at CRISIL A1+ by Crisil Ratings. This rating applies to the company’s ₹150 crore Commercial Paper. The reaffirmation, dated November 28, 2025, indicates a very strong degree of safety regarding timely payment of financial obligations and signifies the lowest credit risk. The rating is valid for 60 days from the date of the letter.
Credit Rating Maintained
Crisil Ratings has reaffirmed the CRISIL A1+ rating for V-Guard Industries’ ₹150 crore Commercial Paper. This decision was communicated via a letter dated November 28, 2025. The CRISIL A1+ rating indicates a very strong capacity for timely payment of financial instruments.
Significance of the Rating
Securities with a CRISIL A1+ rating are considered to have a very strong degree of safety for timely payments. This rating is the highest assigned by Crisil, reflecting the lowest credit risk. The reaffirmed rating is valid for 60 calendar days from the date of the letter for the purpose of issuance.
Commercial Paper Details
The rating applies specifically to V-Guard’s Commercial Paper program, which has a maximum maturity of one year. According to the announcement, the rating is valid throughout the life of the Commercial Paper Programme, contingent on no revisions or withdrawals by Crisil Ratings based on new or unavailable information.
Source: BSE