Aditya Birla Capital Limited (ABCAPITAL) has received an update on its credit ratings from ICRA Limited. Vide its letter dated 06 February 2026, ICRA has reaffirmed the ratings on several of the company's debt instruments. Notably, a new Non-convertible debenture issuance of ₹25,000.00 crore has been assigned an [ICRA]AAA (Stable) rating. Existing Non-convertible debentures totaling ₹46,451.10 crore have been reaffirmed with the same [ICRA]AAA (Stable) rating. Additionally, retail non-convertible debentures (₹15,000.00 crore), unsecured non-convertible debentures (₹1,500.00 crore), and subordinated debt programmes (₹7,717.00 crore) have also been reaffirmed as [ICRA]AAA (Stable). The company's perpetual debt programme of ₹1,700.00 crore has been reaffirmed as [ICRA]AA+ (Stable). The commercial paper programme and bank lines, both valued at ₹20,900.00 crore and ₹90,000.00 crore respectively, have also been reaffirmed as [ICRA]A1+ and [ICRA]AAA (Stable)/[ICRA]A1+. A withdrawal of a Non-convertible debenture rated at ₹895.00 crore was also noted, with the rating reaffirmed as [ICRA]AAA (Stable) prior to withdrawal. The total rated amount across all instruments has increased from ₹184,163.10 crore to ₹208,268.10 crore following these actions.
