NSECredit Rating3d ago · 2 Sept 2026, 10:40 am
Credit Rating
Vishal Mega Mart Limited · VMM
✦ AI Summary▲ PositiveRating Change
Vishal Mega Mart Limited has informed the Exchange about an upgrade in its credit rating by India Ratings and Research Private Limited to 'IND AA+' from 'IND AA' with a stable outlook, and affirmation of its short-term bank loan facilities at 'IND A1+'.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact8/10
Market Sentiment8/10
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Full Announcement
Vishal Mega Mart Limited has informed the Exchange about Credit Rating
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VMMP2024_02092026103844_Intimation_Credit_Rating_VMM.pdf
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VISHAL MEGA MART LIMITED
(Formerly known as Vishal Mega Mart Private Limited)
Corporate & Regd. Office: 5th Floor, Platinum Tower, Plot No. 184
Udyog Vihar, Phase – 1, Gurugram, Haryana-122016, India.
Phone: +91-124-4980000 Fax: +91-124-4980001
Email: secretarial@vishalwholesale.co.in, Website: www.aboutvishal.com
CIN: L51909HR2018PLC073282
Date: September 02, 2026
National Stock Exchange of India Ltd., BSE Limited
To To
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Dalal Street, Mumbai – 400001
Bandra (E), Mumbai – 400 051 Scrip Code: 544307
NSE Scrip Symbol: VMM
Subject: Intimation of Credit Ratings
Dear Sir/Madam,
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing
Regulations”), this is to inform you that India Ratings and Research Private Limited has upgraded
Vishal Mega Mart Limited (“the Company”) and its bank loan facilities to ‘IND AA+’ from ‘IND AA’, with
a Stable Outlook, while affirming the short-term bank loan facilities at ‘IND A1+’ as follows:
Sl. Instrument Type Rated Amount Rating assigned Rating Action
No. (Rs. in million) along with
Outlook/ Watch
1. Bank loan facilities 2,550 INDAA+/Stable/ Long-term rating upgraded;
IND A1+ Short-term rating affirmed
2. Issuer Rating 0 IND AA+/Stable Upgraded
The said information was received by the Company on September 01, 2026 at 06:08 p.m. (IST).
This intimation will also be made available on the Company’s website at https://aboutvishal.com/.
This is for your information and record.
Thanking you.
Vishal Mega Mart Limited
Rahul Luthra
Company Secretary & Compliance Officer
ICSI Membership No: F9588