Titan Company Limited has informed the Exchange about Credit Rating
TITAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Titan Company Limited received a ratings update from CARE Ratings on 29th May 2026. CARE reaffirmed Titan's top-tier ratings: CARE AAA (Stable) for long-term bank facilities and CARE A1+ for both short-term bank facilities and commercial paper. The long-term bank facilities were enhanced from ₹5,030 crore to ₹5,525 crore, while short-term facilities were increased from ₹6,995 crore to ₹11,490 crore. A new commercial paper programme of ₹5,000 crore was also established. The reaffirmation of the highest rating with increased facility sizes indicates Titan's continued strong creditworthiness and financial stability.
The reaffirmation of CARE AAA (Stable) rating with enhanced credit facilities signals Titan's robust financial health and strong lender confidence, which is positive for shareholders as it reflects a solid balance sheet and comfortable liquidity position.