Indian Oil secures 'BBB' global rating, stable outlook from S&P Global Ratings

Indian Oil Corporation Ltd. (IOC) has received a "BBB" long-term foreign and local currency issuer rating with a "Stable" outlook from S&P Global Ratings. This intimation, dated October 14, 2025, aligns with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

The company's debt instruments also show strong ratings across multiple agencies. Senior Unsecured Debt - Foreign Currency is rated Baa3 by Moody's and BBB- by Fitch, both with stable outlooks. Non-Convertible Debentures hold "CRISIL AAA", "IND AAA" (India Ratings), and "[ICRA] AAA" ratings.

Bank Facilities - Long Term are rated "CRISIL AAA" by CRISIL and "CARE AAA" by CARE, maintaining stable outlooks. Short-term bank facilities and commercial papers have received "CRISIL A1+", "CARE A1+", "[ICRA] A1+", and "IND A1+" ratings from respective agencies. The full updated credit rating list is available on IOC's website.