Godrej Industries secures strong CRISIL credit ratings for debt programs

Godrej Industries Limited announced that CRISIL Ratings Limited has assigned and reaffirmed credit ratings for its debt instruments. The company’s Non-Convertible Debentures (NCDs) received a "CRISIL AA+/Stable" rating, applicable to a total of ₹8,250 Crore. This includes a proposed NCD issue of ₹2,000 Crore and reaffirmed ratings for ₹3,000 Crore and ₹3,250 Crore.

Additionally, CRISIL Ratings reaffirmed its "CRISIL A1+" rating for Godrej Industries’ Commercial Paper Programme of ₹3,500 Crore. These ratings indicate a high degree of safety regarding timely servicing of financial obligations and very low credit risk for the respective instruments.

The announcement, dated October 10, 2025, underlines the company's strong financial standing and its ability to manage its debt effectively. The ratings are subject to continuous surveillance by CRISIL, with potential revisions based on new information or changes in circumstances.