Aditya Birla Fashion and Retail Ltd
📈 CRISIL Reaffirms ABFRL's Strong Credit Ratings
• CRISIL reaffirmed Commercial Paper rating at CRISIL A1+ for ₹500 crore
• Non-Convertible Debentures rating reaffirmed at CRISIL AA+/Stable for ₹350 crore and ₹400 crore
• Bank Loan Facilities ratings reaffirmed: Long Term at CRISIL AA+/Stable and Short Term at CRISIL A1+ for ₹873 crore
• Ratings withdrawn on some Bank Loan Facilities totaling ₹1,967 crore at company's request
• Reaffirmed facilities involve major banks including HDFC Bank, ICICI Bank, State Bank of India, Kotak Mahindra Bank, Axis Bank, and Federal Bank