NSECredit Rating21 Aug 2026 · 21 Aug 2026, 05:10 pm
Credit Rating
Nuvoco Vistas Corporation Limited · NUVOCO
✦ AI SummaryRating Change
Nuvoco Vistas Corporation Limited has informed the Exchange about Credit Rating. Crisil Ratings Limited has reaffirmed its rating of 'Crisil A1+' on the company's Commercial Paper programme for the revised limit of Rs.1,100 crores. The rating pertaining to the reduced portion of Rs.600 crores has been withdrawn. Crisil has also reaffirmed its ratings on the existing bank facilities and debt instruments.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
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Nuvoco Vistas Corporation Limited has informed the Exchange about Credit Rating
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NUVOCO_21082026170807_Nuvoco_Credit_Rating_Aug_20_2026.pdf
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Ref. No.: Sec/81/2026-27
August 20, 2026
BSE Limited The National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Dalal Exchange Plaza, C–1, Block G, Bandra Kurla
Street, Fort, Mumbai – 400 001 Complex, Bandra (East), Mumbai – 400 051
Scrip Code: 543334 Trading Symbol: NUVOCO
Scrip ID: NUVOCO Scrip Code: NVCL 28 and NVCL 77A
Dear Sir/Madam,
Sub: Disclosure under Regulations 30 and 51 of the Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the
“Listing Regulations”) – Intimation regarding Credit Rating assigned to Commercial
Papers
Pursuant to Regulations 30 and 51 of the Listing Regulations, we wish to inform you that Crisil
Ratings Limited (“CRISIL”) has reaffirmed its rating of ‘Crisil A1+’ on Commercial Paper
programme of the Company for the revised limit of Rs.1,100 crores, reduced from earlier rated limit
of Rs.1,700 crores.
Consequent to the reduction in the rated Commercial Paper limit by Rs.600 crores at the request
of the Company, CRISIL has withdrawn the rating pertaining to such reduced portion, in accordance
with its policy on withdrawal of ratings. There is no change in the ‘Crisil A1+’ rating on the
continuing Commercial Paper programme of Rs.1,100 crores.
Further, CRISIL has reaffirmed its ‘Crisil AA/Crisil AA-/Stable/Crisil A1+’ ratings on the existing
bank facilities and debt instruments.
The said information was received from CRISIL vide email dated August 19, 2026 at 09:15 p.m.
We request you to take the above on record.
Thanking you,
Yours faithfully,
For Nuvoco Vistas Corporation Limited
Shruta Sanghavi
SVP and Company Secretary
Nuvoco Vistas Corp. Ltd.
Registered Office: Equinox Business Park, Tower-3, East Wing, 4th Floor, Off. Bandra Kurla Complex, LBS Road, Kurla (West), Mumbai-400070
Tel: +91 (0) 22 67692500 / +91 (0) 22 67692525 | Fax: +91 (0) 22 67692572 | website: www.nuvoco.com | CIN- L26940MH1999PLC118229