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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Full Announcement

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