NSECredit Rating- New30 Jul 2026 · 30 Jul 2026, 06:24 pm
Credit Rating- New
CCL Products (India) Limited · CCL
✦ AI SummaryRating Change
CCL Products (India) Limited has received credit ratings from ICRA Limited for its fund-based and non-fund-based bank facilities. The ratings are AA (Stable) for the long-term fund-based term loan and others, and A1+ for the short-term non-fund-based facility.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that ICRA Limited has assigned credit ratings to the fund-based and non-fund-based bank facilities of CCL Products (India) Limited.
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Date: 30.07.2026
To To
The Listing Department, The Corporate Relations Department,
National Stock Exchange of India Limited BSE Limited,
Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers,
G Block, Bandra – Kurla Complex, Dalal Street,
Bandra East, Mumbai – 400051. Mumbai – 400001.
Scrip Code: CCL Scrip Code: 519600
Dear Sir/Madam,
Subject: Intimation of Credit Rating pursuant to Regulation 30 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we would like to inform that ICRA Limited has assigned credit ratings to the fund-based and
non-fund-based bank facilities of CCL Products (India) Limited.
The instrument-wise rating details are as follows:
Instrument Type Amount rated (Rs in Rating Action
Crore)
Fund based - Long-term 1125.80 [ICRA] AA (Stable)
others
Fund based – Term Long-term 29.20 [ICRA] AA (Stable)
Loan
Non-fund based - Short-term 45.00 [ICRA] A1+
Others
A copy of the Credit Rating Report issued by ICRA Limited is enclosed herewith.
The above ratings are in addition to the credit ratings assigned by India Ratings & Research, which
were disclosed to the Stock Exchanges on April 27, 2026.
This is for your information and necessary records.
Thanks & Regards,
For CCL PRODUCTS (INDIA) LIMITED
Sridevi Dasari
Company Secretary & Compliance Officer
CCL PRODUCTS (INDIA) LIMITED
CORPORATE OFFICE:
8-2-269/4A, Road No. 2, Banjara Hills, Hyderabad- 500034, Telangana, India.
+91 40 23730855
REGISTERED OFFICE:
Duggirala, Guntur Dist. 522330, A.P., India. | CIN L15110AP1961PLC000874
+918644 277294 | info@continental.coffee | www.cclproducts.com | www.continental.coffee
ICRA Limited
ICRA/CCL Products (India) Limited/30072026/1
Date: July 30,2026
Mr. Chaithanya Agasthyaraju
Chief Financial Officer
CCL Products (India) Limited
Duggirala, Guntur District,
Andhra Pradesh – 522330
Dear Sir,
Re: ICRA’s Credit Rating for below mentioned Instruments of CCL Products (India) Limited
As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the
following rating actions for the mentioned instruments of your company.
Rated Amount Financial Sector
Instrument Rating Action1
(Rs. crore) Regulator#
Long-term - Fund-based - Term loan 29.20 [ICRA]AA(Stable); Assigned RBI
Long-term - Fund-based - Others 1,125.80 [ICRA]AA(Stable); Assigned RBI
Short-term - Non-fund based -
45.00 [ICRA]A1+; Assigned RBI
Others
Total 1,200.00
#SEBI’s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for activities and
instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI.
The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter.
However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information
becoming available, or the required information not being available, or other circumstances that ICRA believes could
have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for
latest rating(s) of the company.
The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in
the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and
conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used
by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed
by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously
assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from that specified in this
letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement.
The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as
recommendation to buy, sell, or hold the rated instrument availed/issued by your company.
You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount
of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other
developments which may have a direct or indirect impact on the debt servicing capability of the company including any
proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the company with
any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company
to raise funds such as restriction imposed by any authority from raising funds through issuance of debt securities
1 Complete definitions of the ratings assigned are available at www.icra.in.
BuilSdeinngs Nitoiv. i8ty, 2 Lnad bFelolo :r ,R Teoswterirc Ate d Tel.: +91.124 .4545300 Website: www.icra.in
DLF Cyber City, Phase II CIN: L749999DL1991PLC042749 Email: info@icraindia.com
Gurugram – 122002, Haryana Helpdesk: +91 9354738909
Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel.: +91.11.23357940-41
RATING ● RESEARCH ● INFORMATION
through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowing
limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded.
We look forward to your communication and assure you of our best services.
With kind regards,
Yours sincerely,
For ICRA Limited
Ankit Jain
Vice President & Co-Group Head
ankit.jain@icraindia.com
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Annexure
Details of Bank Limits Rated by ICRA Instrument Name Amount (Rs. Crore) Rating Rating Assigned On
State Bank of India Fund Based Limits 325.00 [ICRA]AA(Stable) July 21, 2026
Citibank N.A. Fund Based Limits 130.00 [ICRA]AA(Stable) July 21, 2026
ICICI Bank Limited Fund Based Limits 135.00 [ICRA]AA(Stable) July 21, 2026
HDFC Bank Limited Fund Based Limits 135.00 [ICRA]AA(Stable) July 21, 2026
Axis Bank Limited Fund Based Limits 90.00 [ICRA]AA(Stable) July 21, 2026
ICICI Bank Limited Fund Based Limits 70.00 [ICRA]AA(Stable) July 21, 2026
Citibank N.A. Fund Based Limits 10.00 [ICRA]AA(Stable) July 21, 2026
HDFC Bank Limited Fund Based Limits 90.80 [ICRA]AA(Stable) July 21, 2026
JP Morgan Bank Fund Based Limits 130.00 [ICRA]AA(Stable) July 21, 2026
DBS Bank Limited Fund Based Limits 10.00 [ICRA]AA(Stable) July 21, 2026
State Bank of India Non Fund-Based Facilities 35.00 [ICRA]A1+ July 21, 2026
HDFC Bank Limited Non Fund-Based Facilities 10.00 [ICRA]A1+ July 21, 2026
Shinhan Bank Term Loans 29.20 [ICRA]AA(Stable) July 21, 2026
Total 1200.00
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