UNO Minda Limited has informed the Exchange about revalidation the Credit Rating of Non-Convertible Debentures
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ICRA Limited has revalidated the credit rating for UNO Minda Limited's Non-Convertible Debentures (NCDs) at [ICRA]AA+ (Stable) on August 12, 2025. The total rated amount stands at Rs. 600 crore, split across two NCD tranches of Rs. 400 crore and Rs. 200 crore. The rating outlook remains Stable, and this is a revalidation of the existing rating last communicated on July 4, 2025, with no change in rating or terms.
No material impact on shareholders or stock price — this is a routine confirmation that the existing high-quality investment grade rating (AA+) remains unchanged, signalling continued strong creditworthiness and financial stability.