GSFC's Credit Rating Affirmed: IND AA+/Stable for Bank Loans, IND A1+ for Debt

Gujarat State Fertilizers & Chemicals Limited (GSFC) has announced that India Ratings & Research Private Ltd. has reaffirmed the company's credit ratings. The rating agency has affirmed an IND AA+/St...

Gujarat State Fertilizers & Chemicals Limited (GSFC) has announced that India Ratings & Research Private Ltd. has reaffirmed the company's credit ratings. The rating agency has affirmed an IND AA+/Stable rating for GSFC's bank loan facilities, amounting to ₹13,000 crore. Additionally, the rating for short-term debt has been affirmed at IND A1+, with an issue size of ₹9,650 crore. Furthermore, India Ratings has also affirmed the IND A1+ rating for GSFC's commercial paper program, with an issue size of ₹10,000 crore. These ratings were reaffirmed by India Ratings vide its letters dated December 24, 2025.

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Why is Gujarat State Fertilizers & Chemicals Limited in the news today?

Gujarat State Fertilizers & Chemicals Limited (GSFC) is in the news due to the reaffirmation of credit ratings at a stable outlook by a reputable agency like india ratings is positive for the company's financial standing and access to credit.

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GSFC's Credit Rating Affirmed: IND AA+/Stable for Bank Loans, IND A1+ for Debt

December 25, 2025, 06:36 AM

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Gujarat State Fertilizers & Chemicals Limited (GSFC) has announced that India Ratings & Research Private Ltd. has reaffirmed the company's credit ratings.

The rating agency has affirmed an IND AA+/Stable rating for GSFC's bank loan facilities, amounting to ₹13,000 crore. Additionally, the rating for short-term debt has been affirmed at IND A1+, with an issue size of ₹9,650 crore.

Furthermore, India Ratings has also affirmed the IND A1+ rating for GSFC's commercial paper program, with an issue size of ₹10,000 crore. These ratings were reaffirmed by India Ratings vide its letters dated December 24, 2025.

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