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SAIL credit ratings reaffirmed by India Ratings and Research

September 4, 2025 at 07:39 AM UTCBy FilingReader AI

Steel Authority of India Limited (SAIL) announced on September 4, 2025, that India Ratings and Research has reaffirmed its credit ratings across various facilities. This reaffirmation is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's long-term issuer rating and bonds have both been reaffirmed at IND AA/ Stable. Public deposits also received an IND AA/ Stable rating.

For its bank loan facilities, SAIL secured a reaffirmed rating of IND AA/ Stable/IND A1+, while commercial paper was rated IND A1+. The value for bonds, which was reduced from Rs. 1,078.00 crore, now stands at Rs. 14.00 crore. Public deposits amount to Rs. 1,000.00 crore, bank loan facilities to Rs. 22,000.00 crore, and commercial paper to Rs. 8,000.00 crore.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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