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Asahi India Glass's Long-Term Bank Facilities Upgraded to CARE AA- by CARE Ratings

Asahi India Glass Limited

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January 15, 2026, 07:22 AM

Asahi India Glass Limited's long-term bank facilities have been upgraded by CARE Ratings to CARE AA-; Stable. The rating for long-term/short-term facilities is now CARE AA-; Stable / CARE A1+. This upgrade reflects improved creditworthiness.

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Asahi India Glass Limited (ASAHIINDIA) announced on January 15, 2026, that CARE Ratings Limited has upgraded its credit rating for the company's long-term bank facilities. The rating has been upgraded from CARE A+; Stable to CARE AA-; Stable. Additionally, the rating for long-term/short-term bank facilities has been upgraded to CARE AA-; Stable / CARE A1+ from CARE A+; Stable and reaffirmed for the short-term component. This upgrade reflects the company's enhanced creditworthiness and financial stability.

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