NSECredit Rating11 Sept 2026 · 11 Sept 2026, 08:28 pm
Credit Rating
Asian Paints Limited · ASIANPAINT
✦ AI SummaryRating Change
Asian Paints Limited has informed the Exchange about Credit Rating reaffirmed by Crisil Ratings Limited for its long-term and short-term bank loan facilities, non-convertible debentures, and short-term debt.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Asian Paints Limited has informed the Exchange about Credit Rating
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ASIANPAINT_11092026202841_SE_Intimation_-_credit_ratings_-_Crisil_11092026_signed.pdf
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APL/SEC/57/2026-27/38
11th September 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai – 400 001 Mumbai – 400 051
Security Code: 500820 Symbol: ASIANPAINT
Sir/Madam,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Credit Rating
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we wish to inform you that Crisil Ratings Limited (“Crisil Ratings”) has vide its
release dated 10th September 2026, reaffirmed its credit ratings assigned to the Company
as follows:
Aggregate
Rating Action
Facilities Rated amount Rating
(Rs. in crores)
Long-term bank loan
Crisil AAA/Stable
facilities
1,428
Short-term bank loan
Crisil A1+
facilities
Reaffirmed
Non Convertible
10 Crisil AAA/Stable
Debentures#
Short Term Debt# 50 Crisil A1+
#Not issued/sanctioned
The rating rationale provided by Crisil Ratings can be accessed using the following link: Rating
Rationale.
The above information was published by Crisil Ratings on their website on 10th September 2026,
while the communication in this regard was received by the Company from Crisil Ratings on
11th September 2026 at 10.39 a.m.
You are requested to take the above information on record.
Thanking you,
Yours truly,
For ASIAN PAINTS LIMITED
R J JEYAMURUGAN
CFO & COMPANY SECRETARY