NSECredit Rating30 Jul 2026 · 30 Jul 2026, 04:32 pm
Credit Rating
Munjal Auto Industries Limited · MUNJALAU
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Munjal Auto Industries Limited has informed the Exchange about the re-affirmation of its credit rating by ICRA Limited for Long term/Short term Bank Facilities and Commercial Papers.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment5/10
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Munjal Auto Industries Limited has informed the Exchange about Credit Rating
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MUNJALAU_30072026163225_signed_Credit_Rating_2026.pdf
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MAIL/SECY/RATING/2026-27 July 30, 2026
To, To,
The Secretary, Asst. Vice President,
BSE Ltd. National Stock Exchange of India Ltd.,
25th Floor, Exchange Plaza, Plot C/1, G Block
Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex,
Dalal Street, Fort, Bandra (E),
Mumbai – 400 001 Mumbai – 400 051
Scrip Code - 520059 Scrip Code - MUNJALAU
Subject: Intimation for re-affirmation of Credit Rating of
Munjal Auto Industries Limited
Ref: Disclosure under the Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/Madam,
This is to inform you that ICRA Limited has re-affirmed its rating assigned to Munjal Auto
Industries Limited in respect of Long term/Short term Bank Facilities and Commercial Papers on
July 29,2026, received by us on July 30, 2026 details of which are as under:
Facilities Ratings Remarks
Long Term Fund Based- [ICRA] AA-
Reaffirmed
Term loans (pronounced double A minus)
Long Term Fund Based- [ICRA] AA-
Reaffirmed
Cash Credit (pronounced double A minus)
Short Term Non Fund [ICRA] A1+
Reaffirmed
Based Limits (pronounced A one plus)
We request you to note that the rating of Commercial Paper A1+ has been reaffirmed and
Withdrawn.
Kindly consider this as an intimation in terms of the provisions of Regulation 30(6) read with Part A
of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements] Regulations, 2015.
Kindly take the above information on your record and acknowledge it.
Thanking you,
Yours faithfully,
For Munjal Auto Industries Limited
Gauri Y Bapat
Company Secretary
Encl: As above