CRISIL Ratings Limited (CRISIL) has re-affirmed the credit ratings on the bank facility of the Company by assigning "CRISL AA+/ Stable".
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CRISIL Ratings has reaffirmed its credit rating on Nirlon Limited's long-term loan and overdraft bank facility at 'CRISIL AA+/Stable'. The facility under review amounts to INR 1,230 crore (12,300,000,000). The rating action, communicated via email on November 12, 2025, maintains the same rating level without any change. A 'Stable' outlook indicates CRISIL expects the rating to remain unchanged over the medium term.
This is a neutral-to-mildly positive signal for shareholders — the high investment-grade AA+ rating has been maintained with a stable outlook, reflecting continued lender confidence in the company's creditworthiness and supporting favorable borrowing terms.