NSECredit Rating5d ago · 25 Aug 2026, 07:07 pm
Credit Rating
Jindal Stainless Limited · JSL
✦ AI Summary▲ PositiveRating Change
Jindal Stainless Limited has informed the Exchange about Credit Rating upgrade by Care Ratings from CARE AA, Stable to CARE AA+, Stable and reaffirmed rating for Short-Term borrowings as CARE A1+.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment9/10
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Full Announcement
Jindal Stainless Limited has informed the Exchange about Credit Rating
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JSL_25082026190738_JSLCreditRating25082026sd.pdf
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25th August, 2026
BSE Limited National Stock Exchange of India Ltd.
Corporate Relationship Department, E x c h a n g e P l a z a , 5 t h F l o o r ,
1st Floor, New Trading Ring, P l o t n o . C / 1 , G B l o c k
Rotunda Building, P J Towers, B a n d r a - K u r l a C o m p l e x , B a n d ra (E),
Dalal Street, Fort, Mumbai – 400 001 Mumbai-400051
Email: corp.relations@bseindia.com Email: cmlist@nse.co.in
Security Code No.: 532508 Security Code No.: JSL
Sub: Disclosure pursuant to Regulation 30 and 51(2) of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015.
Dear Sir(s)/Ma’am(s),
We wish to inform you that credit rating agency ‘Care Ratings’ has upgraded the rating of
Jindal Stainless Limited (“the Company”) for its Long-Term borrowings and Non-
Convertible Debentures from “CARE AA, Stable” to “CARE AA+, Stable” and reaffirmed
the rating for Short-Term borrowings as “CARE A1+”.
Please take the above information on record.
Thanking You.
Yours Faithfully,
For Jindal Stainless Limited
Navneet Raghuvanshi
Head-Legal, Company Secretary & Compliance Officer