BSECompany Update5d ago · 2 Sept 2026, 03:43 pm
Please find enclosed credit rating received from ICRA
OCCL Ltd · 544278
✦ AI SummaryRating Change
OCCL Ltd has received a credit rating of [ICRA]AA-(Stable) from ICRA Limited for its long-term and short-term facilities, with a reaffirmation of its existing ratings for enhanced amounts.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
OCCL Ltd - 544278 - Announcement under Regulation 30 (LODR)-Credit Rating
Attachments (1)
📄pdf
Download →
8722b304-d870-4173-9cad-fbba523ef1d5.pdf
View document text
September 02, 2026
The Manager The Manager
BSE Limited National Stock Exchange of India Limited
Department of Corporate Services Exchange Plaza, Bandra Kurla Complex,
Floor 25, P.J. Towers, Dalal Street Bandra (E),
Mumbai – 400001 Mumbai - 400051
Scrip Code : 544278 Scrip Code : OCCLLTD
Dear Sirs/ Madam,
Re: Credit Rating
Pursuant to Regulation 30(6) of Securities Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we hereby inform you that ICRA Limited
(“ICRA”) the rating agency, vide their letter dated September 01, 2026, has reviewed its rating
of the Company as under:
Amount
Facilities Rating Action
(Rs. in Crore)
[ICRA]AA-(Stable);
Long-term - Fund-based - Others 205.00 Reaffirmed/Assigned for
enhanced amount
[ICRA]AA-(Stable);
Long-term - Fund-based - Term loan 14.80
Reaffirmed
[ICRA]AA-(Stable)
Unallocated limits 0.20
/[ICRA]A1+; Assigned
Short-term - Non-fund based -
49.00 Reaffirmed/Assigned for
Others
enhanced amount
Further, we are attaching herewith Letter dated September 01, 2026, received from ICRA
Limited for Ratings, for your information and record.
The above is for your information and record.
Yours Sincerely,
For OCCL Limited
Pranab Kumar Maity
Company Secretary & Sr. GM- Legal
Registered Office: Plants:
Survey No. 141, Plot No. 3 & 4 Dharuhera Industrial Estate, Phase – 1
Paiki of Mouje, APSEZL, Dharuhera – 123106, Distt. Rewari, (Haryana)
Mundra, Kachchh,
Gujarat, India, 370421 SEZ Division: Survey No. 141, Paiki of Mouje Villag, Mundra, Taluka
CIN: L24302GJ2022PLC131360 Mundra, Mundra SEZ, District Kutch, Gujarat, 370421
ICRA/OCCL Ltd/01092026/1
Date: September 01, 2026
Mr. Anurag Jain
OCCL Ltd
14th Floor, Tower-B, World Trade Tower
Plot no. C-1, Sector-16, Noida 201301
Uttar Pradesh, India.
Tel: +91 120 4744800
Dear Sir,
Re: ICRA’s Credit Rating for below mentioned instruments of OCCL Ltd
As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken
the below rating actions for the mentioned instruments of your company.
Rated amount Financial Sector
Instrument Rating action
(Rs. crore) Regulator#
[ICRA]AA-(Stable); Reaffirmed/Assigned
Long-term - Fund-based - Others 205.00 RBI
for enhanced amount
Long-term - Fund-based - Term
14.80 [ICRA]AA-(Stable); Reaffirmed RBI
loan
Unallocated limits 0.20 [ICRA]AA-(Stable) /[ICRA]A1+; Assigned RBI
Short-term - Non-fund based - [ICRA]A1+ ; Reaffirmed/Assigned for
49.00 RBI
Others enhanced amount
Total 269.00
#SEBI’s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for activities
and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI.
The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter.
However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information
becoming available, or the required information not being available, or other circumstances that ICRA believes could
have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for
latest rating(s) of the company.
The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change
in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms
and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is
used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been
ICRA Limited
Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41
Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002
www.icra.in info@icraindia.com +91-93547-38909
+0124-4545300 CIN: L74999DL1991PLC042749
Sensitivity Label : Restricted
confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the
rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from
that specified in this letter, would constitute an enhancement that would not be covered by or under the said Rating
Agreement.
The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as
recommendation to buy, sell, or hold the rated instrument availed/issued by your company.
You are also requested to forthwith inform us about any default or delay in repayment of interest or principal
amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any
other developments which may have a direct or indirect impact on the debt servicing capability of the company
including any proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of
the company with any lender(s) / investor(s), or occurrence of any significant development that could impact the
ability of the company to raise funds such as restriction imposed by any authority from raising funds through issuance
of debt securities through electronic bidding system. Further, you are requested to inform us immediately as and
when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is
exceeded.
We look forward to your communication and assure you of our best services.
With kind regards,
Yours sincerely,
For ICRA Limited
Prashant Vasisht
Senior Vice President & Co-Group Head
prashant.vasisht@icraindia.com
ICRA Limited
Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41
Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002
www.icra.in info@icraindia.com +91-93547-38909
+0124-4545300 CIN: L74999DL1991PLC042749
Sensitivity Label : Restricted
Annexure
Details of Bank Limits Rated by Instrument Name Amount (Rs. Rating Rating Assigned
ICRA Crore) On
State Bank of India Term Loans 12.30 [ICRA]AA-(Stable) August 25, 2026
Kotak Mahindra Bank Limited Term Loans 2.50 [ICRA]AA-(Stable) August 25, 2026
State Bank of India Working Capital Facilities 182.00 [ICRA]AA-(Stable) August 25, 2026
Kotak Mahindra Bank Limited Working Capital Facilities 10.00 [ICRA]AA-(Stable) August 25, 2026
State Bank of India Working Capital Facilities 13.00 [ICRA]AA-(Stable) August 25, 2026
State Bank of India Non Fund-Based Facilities 47.00 [ICRA]A1+ August 25, 2026
Kotak Mahindra Bank Limited Non Fund-Based Facilities 2.00 [ICRA]A1+ August 25, 2026
Not Applicable Unallocated Limits 0.20 [ICRA]AA- August 25, 2026
(Stable)/[ICRA]A1+
Total 269.00
ICRA Limited
Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41
Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002
www.icra.in info@icraindia.com +91-93547-38909
+0124-4545300 CIN: L74999DL1991PLC042749
Sensitivity Label : Restricted