Mahanagar Gas bank facilities receive reaffirmed ICRA credit ratings

Mahanagar Gas Limited disclosed that ICRA Limited, a rating agency, reaffirmed and assigned credit ratings for its bank facilities as of November 27, 2025. This intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's long-term non-fund based limits of Rs. 720.00 crore were rated [ICRA]AAA (Stable); reaffirmed and assigned. Long-term fund-based limits of Rs. 80.00 crore also received an [ICRA]AAA (Stable); reaffirmed rating.

Short-term non-fund based limits totaling Rs. 1,128.75 crore, including a sublimit of Rs. 80.00 crore, were rated [ICRA]A1+; reaffirmed and assigned. Short-term fund-based limits, amounting to Rs. 17.70 crore with a sublimit of Rs. 1.00 crore, also received an [ICRA]A1+; reaffirmed rating. Additionally, unallocated long-term/short-term limits of Rs. 78.55 crore were rated [ICRA]AAA (Stable)/[ICRA]A1+; reaffirmed, bringing the total rated amount to Rs. 2,025.00 crore.