BSECompany Update20h ago · 30 Oct 2026, 07:20 pm
Update on Credit Rating as per letter attached
DCM Shriram Ltd · 523367
✦ AI SummaryRating Change
DCM Shriram Ltd has received reaffirmation of its credit ratings from ICRA Limited, with ratings ranging from AA+ to A1+, indicating a stable outlook.
Analysis Scores
Earnings Impact2/10
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
DCM Shriram Ltd - 523367 - Announcement under Regulation 30 (LODR)-Credit Rating
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30th October 2026
BSE Limited National Stock Exchange of India Limited
Phiroze JeeJeeBhoy Towers, “Exchange Plaza”,
Dalal Street, 5th Floor, Plot No. C-1, G Block,
Mumbai - 400 001 Bandra-Kurla Complex, Bandra (E)
Mumbai – 400 051
SCRIP CODE: 523367 SCRIP CODE: DCMSHRIRAM
Sub.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Update on Credit Rating
Dear Sir/Madam,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we inform you to that ICRA Limited has re-affirmed / withdrawn the following credit ratings,
vide its letter(s) dated 30th October 2026, as under:
Particulars Amount Rating
(Rs. in Crore)
Long term fund based – Rs. 1019.82 Re-affirmed [ICRA]AA+ (Stable) (ICRA double
Term Loan A plus, Outlook Stable)
Long term fund based – Rs. 1349.00 Re-affirmed [ICRA]AA+ (Stable) (ICRA double
Cash credit A plus, Outlook Stable)
Short term - Fund based – Rs. 100.00 Re-affirmed [ICRA]A1+ (ICRA A one plus)
WCDL
Short term non – fund based Rs. 1500.00 Re-affirmed [ICRA]A1+ (ICRA A one plus)
limits
Long term / Short term – Rs. 17.96 Re-affirmed [ICRA]AA+ (Stable) (ICRA double
Unallocated limits A plus, Outlook Stable) / [ICRA]A1+ (ICRA A
one plus)
Commercial Paper Rs. 120.00 Re-affirmed and Withdrawn [ICRA]A1+ (ICRA A
Programme one plus)
Fixed Deposits Programme Rs. 40.00 Re-affirmed [ICRA]AA+ (Stable)
(ICRA double A plus, Outlook Stable)
Kindly take the same on record.
The said intimation is also available on the Company’s website at
https://www.dcmshriram.com/investors/notice
Thanking you,
Yours faithfully
For DCM Shriram Limited
(Deepak Gupta)
Company Secretary & Compliance Officer