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