Jindal Stainless maintains "CARE AA, Stable" rating for long-term borrowings

Jindal Stainless Limited announced on October 10, 2025, that credit rating agency Care Ratings has reaffirmed its ratings for the company's borrowings. Long-term borrowings and non-convertible debentures have maintained a “CARE AA, Stable” rating, indicating a high degree of safety regarding timely servicing of financial obligations and very low credit risk.

Additionally, the company's short-term borrowings have been reaffirmed at "CARE A1+", signifying a very strong capacity for timely payment of short-term financial obligations and very low credit risk. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The communication, signed by Navneet Raghuvanshi, head-legal, company secretary & compliance officer, was sent to both BSE Limited and the National Stock Exchange of India Ltd.