NSECredit Rating- Revision2d ago · 3 Sept 2026, 06:43 pm
Credit Rating- Revision
Greenlam Industries Limited · GREENLAM
✦ AI SummaryRating Change
Greenlam Industries Limited has informed the Exchange about Credit Rating- Revision, where CARE Ratings has reviewed and reaffirmed the company's long-term and short-term bank facilities ratings to CARE AA- and CARE A1+ respectively, with a stable outlook.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
Greenlam Industries Limited has informed the Exchange about Credit Rating- Revision
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GREENLAMAW_03092026184238_CreditRating.pdf
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Greenlam/2026-27
September 03, 2026
The Manager The Manager
BSE Limited National Stock Exchange of India Limited
Department of Corporate Services, Exchange Plaza,
Floor 25, P. J. Towers, Dalal Street, Bandra Kurla Complex,
Mumbai - 400 001 Bandra (E), Mumbai - 400 051
Email: corp.relations@bseindia.com Email: cmlist@nse.co.in
BSE Scrip Code: 538979 NSE Symbol: GREENLAM
Sub: Credit Rating
Dear Sir/Madam,
This is to inform you that CARE Ratings has reviewed the following ratings:
Particulars Amount (Rs. in Crores) Rating Rating Action
Long Term Bank facilities 169.02 CARE AA-; Stable Reaffirmed; Outlook
(Enhanced from 71.52) revised from Negative
Long Term/ Short Term 327.50 CARE AA-; Stable / Reaffirmed; Outlook
Bank Facilities (Enhanced from 277.50) CARE A1+ revised from Negative
Short Term Bank facilities 310.00 CARE A1+ Reaffirmed
We request you to take the above information on record.
Thanking you,
Yours faithfully,
For Greenlam Industries Limited
Prakash Kumar Biswal
Company Secretary &
Senior Vice President –Legal