08-Oct-2026 16:24
Aditya Birla Capital’s Rs. 222,043.40 crore suite of instruments reaffirmed by ICRA
Aditya Birla Capital Ltd announced that ICRA Limited has reaffirmed and, in some cases, withdrawn or assigned ratings to a comprehensive suite of its instruments, totaling Rs. 2,22,043.40 crore across various programs. Specifically, ICRA reaffirmed the [ICRA] AAA (Stable) rating for Non-convertible debentures amounting to Rs. 67,211.15 crore, a Non-convertible debenture program of Rs. 1,301.25 crore, a Retail non-convertible debenture program of Rs. 15,000.00 crore, an Unsecured non-convertible debenture program of Rs. 1,500.00 crore, a Subordinated debt program of Rs. 7,431.00 crore, a Subordinated debt program of Rs. 286.00 crore, a Perpetual debt program of Rs. 1,700.00 crore, and Bank lines of Rs. 90,000.00 crore, alongside reaffirming the [ICRA] A1+ rating for the Commercial paper programme of Rs. 20,900.00 crore; ICRA also reaffirmed the [ICRA] AA+ (Stable) rating for a Perpetual debt program of Rs. 1,700.00 crore and assigned a [ICRA] AA+ (Stable) rating to a new Perpetual debt program of Rs. 2,000.00, while withdrawing ratings for Non-convertible debentures of Rs. 2,938.70 and a Subordinated debt program of Rs. 286.00.
News source: Capital Market - Live News