Balkrishna Industries secures 'Crisil A1+' rating for commercial paper

Balkrishna Industries Limited announced on October 29, 2025, that CRISIL Ratings Limited has assigned a "Crisil A1+" credit rating to its proposed commercial paper program. This rating applies to a new issuance of commercial paper totaling ₹500 crores. The 'Crisil A1+' rating indicates a very strong degree of safety regarding the timely payment of financial obligations, carrying the lowest credit risk.

The credit rating was communicated via a letter from CRISIL Ratings Limited dated October 28, 2025. This rating is valid for 60 calendar days for the purpose of issuing the commercial paper, and once issued, it remains valid throughout the life of the program, which has a maximum maturity of one year.

This development underscores the company's robust financial health and its ability to meet short-term obligations effectively. The information has also been made available on the company's official website.