Hindustan Petroleum secures 'IND AAA' rating for proposed debentures

Hindustan Petroleum Corporation Limited (HPCL) announced on October 7, 2025, that India Ratings and Research Private Limited has assigned an "IND AAA" credit rating with a "Stable" outlook to its proposed Non-Convertible Debentures (NCDs). The disclosure was made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company plans to issue NCDs worth Rs. 5,000 crore. This favorable rating is crucial for potential investors, indicating a high degree of safety regarding timely servicing of financial obligations and low credit risk. The "Stable" outlook further reinforces the positive assessment of the company's creditworthiness.

Rakesh Kumar Singh, company secretary, signed the announcement, which was directed to both the BSE Limited and the National Stock Exchange of India Limited. The rating reflects the robust financial health and stability of the government-owned enterprise.