Balkrishna Industries receives Crisil Ratings’ A1+ for Rs. 500 crore Commercial Paper

Balkrishna Industries Ltd announced that Crisil Ratings has assigned a rating of Crisil A1+ to its Commercial Paper of Rs. 500 crores, reflecting the likelihood of timely payment, with the rating being valid for 60 calendar days from September 22, 2026; the rating agency has also noted the instrument as outstanding. Furthermore, Crisil Ratings has provided ratings and notes for a comprehensive suite of instruments including Commercial Paper, Listed/Proposed to be listed bonds/debentures/preference share (all securities), Unlisted/Proposed to be unlisted Bonds/Debentures/ Preference share (all securities), Listed PTCs / Securitisation Notes, Unlisted PTCs / Securitisation Notes, Listed Commercial Paper and NCDs, Unlisted Commercial Paper and NCDs, Loan Facilities, External Commercial Borrowings, Certificates of Deposit, Fixed Deposits, Inter Corporate Deposits, Borrowing programme, Issuer Ratings, Credit Ratings for Capital Protection Oriented Schemes, Credit quality ratings for Mutual Fund Schemes, Listed Security Receipts, Unlisted Security Receipts, Independent Credit Evaluation, Expected Loss Ratings for Loan Facilities, and Expected Loss Ratings for bonds/debentures, with regulators noted as SEBI, RBI, and MCA for various instruments.