NSECredit Rating- New24 Jun 2026 · 24 Jun 2026, 04:56 pm
Credit Rating- New
Asian Paints Limited · ASIANPAINT
✦ AI SummaryRating Change
India Ratings and Research has assigned a credit rating to the bank loan facilities of Asian Paints Limited, assigning an IND AAA/Stable/ IND A1+ rating to the facilities.
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Full Announcement
India Ratings and Research has assigned a credit rating to the bank loan facilities availed by the Company, find enclosed the communication in this regard.
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ASIANPAINT_24062026165325_SEIntimationcreditratings_24062026signed.pdf
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APL/SEC/57/2026-27/10
24th June 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 India Ratings and Research (“India Ratings”) vide
its release dated 24th June 2026, assigned the following credit rating to the bank loan facilities of
the Company:
Facilities Aggregate loan Rating Rating Action
amount (Rs. in
crores)
Long-term/ Short-term 2,300 IND AAA/Stable/ IND A1+ Assigned
bank loan facilities
The aforesaid bank loan facilities were originally availed by Asian Paints (Polymers) Private
Limited (“AP Polymers”), the erstwhile wholly-owned subsidiary of the Company. Pursuant to the
amalgamation of AP Polymers with the Company, effective 31st March 2026, the said facilities
stand transferred to and vested in the Company. India Ratings had previously assigned the same
rating to the aforesaid bank loan facilities in the name of AP Polymers, the rating now stands
withdrawn.
The rating rationale provided by India Ratings can be accessed using the following link: Press
Release - India Ratings and Research
The above information was received by the Company on 24th June 2026 at around 11.47 a.m.
IST.
You are requested to take the above information on record.
Thanking you,
Yours truly,
For ASIAN PAINTS LIMITED
R J JEYAMURUGAN
CFO & COMPANY SECRETARY