Aditya Birla Capital Ltd announced that ICRA Limited has reaffirmed and, in some cases, withdrawn or assigned ratings to a comprehensive suite of its instruments, totaling Rs. 2,22,043.40 crore across various programs. Specifically, ICRA reaffirmed the [ICRA] AAA (Stable) rating for Non-convertible debentures amounting to Rs. 67,211.15 crore, a Non-convertible debenture program of Rs. 1,301.25 crore, a Retail non-convertible debenture program of Rs. 15,000.00 crore, an Unsecured non-convertible debenture program of Rs. 1,500.00 crore, a Subordinated debt program of Rs. 7,431.00 crore, a Subordinated debt program of Rs. 286.00 crore, a Perpetual debt program of Rs. 1,700.00 crore, and Bank lines of Rs. 90,000.00 crore, alongside reaffirming the [ICRA] A1+ rating for the Commercial paper programme of Rs. 20,900.00 crore; ICRA also reaffirmed the [ICRA] AA+ (Stable) rating for a Perpetual debt program of Rs. 1,700.00 crore and assigned a [ICRA] AA+ (Stable) rating to a new Perpetual debt program of Rs. 2,000.00, while withdrawing ratings for Non-convertible debentures of Rs. 2,938.70 and a Subordinated debt program of Rs. 286.00.
