Aditya Birla Capital ratings reaffirmed following amalgamation

Aditya Birla Capital Limited (ABCAPITAL) announced that Crisil Ratings has reaffirmed/assigned ratings to its debt instruments and bank facilities, effective April 1, 2025, following the amalgamation of Aditya Birla Finance Limited into Aditya Birla Capital. Key ratings include: bank loan facilities rated Crisil AAA/Stable assigned to the tune of INR2,000 crore; subordinated debt, Crisil AAA/Stable assigned to INR3,000 crore; non-convertible debentures, Crisil AAA/Stable assigned to INR81,000 crore; perpetual bonds rated Crisil AA+/Stable, assigned to INR1,000 crore; non-convertible debentures, Crisil AAA/Stable, reaffirmed to INR200 crore. Finally, commercial paper has been reaffirmed Crisil A1+ and enhanced from INR900 crore to INR11,900 crore. The total rated amount comes to INR99,100 crore. A related press release by Crisil Ratings dated April 9, 2025, is available on their website.