ICRA reaffirms Bharat Forge's credit ratings

Bharat Forge has announced that ICRA has reaffirmed its credit ratings for various debt facilities. The long-term fund-based and working capital facilities have been reaffirmed at [ICRA] AA+ (Stable). Additionally, the long-term/short-term fund-based/term loan ratings were reaffirmed at [ICRA] AA+ (Stable) / [ICRA] A1+. The rating for the non-fund based facilities was reaffirmed at [ICRA] A1+. The long-term rating for non-convertible debentures also was reaffirmed at [ICRA] AA+ (Stable). This information was communicated to the BSE and National Stock Exchange of India on March 12, 2025, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's stock code on the BSE is 500493, and its symbol is BHARATFORG.