14-Oct-2026 19:41:35

GODREJ INDUSTRIES : ICRA ASSIGNS AA+ (STABLE) RATING TO RS 1,500 CR PROPOSED NCD ISSUE

• ICRA assigned [ICRA] AA+ (Stable) rating to the company's proposed additional issue of NCDs of up to ₹1,500 Cr • Existing credit rating reaffirmed for already issued and listed NCDs of ₹7,200 Cr • Commercial paper programme of up to ₹3,500 Cr re-affirmed at [ICRA] A1+ (Reaffirmed) • Long-term fund-based cash credit of ₹90 Cr and term loans of ₹246 Cr reaffirmed at [ICRA] AA+ (Stable) • Short-term non-fund-based facilities of ₹126 Cr reaffirmed at [ICRA] A1+; unallocated limits of ₹1,678 Cr reaffirmed at AA+ (Stable)/A1+

Godrej Industries Ltd

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