BSECompany Update3d ago · 2 Sept 2026, 03:56 pm
Intimation for upgrade in Credit Rating outlook.
Sterlite Technologies Ltd · 532374
✦ AI Summary▲ PositiveRating Change
Sterlite Technologies Ltd has announced an upgrade in its credit rating from AA- to AA for long-term instruments by Crisil, with reaffirmation of ratings for short-term instruments.
Analysis Scores
Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10
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Full Announcement
Sterlite Technologies Ltd - 532374 - Announcement under Regulation 30 (LODR)-Credit Rating
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www.stl.tech
September 2, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers,
Plot No. C-1, G Block, Dalal Street,
Bandra Kurla Complex, Bandra (East) Mumbai - 400 001.
Mumbai - 400 051.
Scrip ID – STLTECH S crip Code – 532374
Sub: Intimation regarding upgrade in Credit Rating
Dear Sir/ Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
we wish to inform you that Crisil has upgraded our rating from AA- to AA for Long term instruments and
reaffirmed the ratings for Short-term instruments for the Company:
Instrument Amount (Rs. crore) Rating action
Rs.3564 Crisil AA/Stable, (Upgraded from
Bank Loan Facilities
(Reduced from Rs.4045 Crore) 'Crisil AA-/Stable')
Crisil AA/Stable, (Upgraded from
Non-Convertible Debentures 200.00
'Crisil AA-/Stable')
Crisil AA/Stable, (Upgraded from
Non-Convertible Debentures 90.00
'Crisil AA-/Stable')
Crisil AA/Stable, (Upgraded from
Non-Convertible Debentures 100.00
'Crisil AA-/Stable')
Commercial Paper 100.00 Crisil A1+, (Reaffirmed)
Commercial Paper 700.00 Withdrawn
The ratings rationale can be accessed at below link:
https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/SterliteTechnologiesLimited_Se
ptember%2001_%202026_RR_404836.html
Kindly take the above on record.
Thanking you.
Yours faithfully,
For Sterlite Technologies Limited
Ankit Agarwal
Managing Director
DIN: 03344202
Sterlite Technologies Limited
Regist ered office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 411 001, India.
CIN - L31300PN2000PLC202408