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Entity-Specific Rating Rationales

23 Oct 2024

Godrej Industries Limited: Long-term rating upgraded to [ICRA]AA+ (Stable); short-term rating reaffirmed; [ICRA]AA+ (Stable) assigned to Rs. 3,000.00-crore proposed NCD programme

Godrej Industries Limited: Long-term rating upgraded to [ICRA]AA+ (Stable); short-term rating reaffirmed; [ICRA]AA+ (Stable) assigned to Rs. 3,000.00-crore proposed NCD programme

10 May 2024

Godrej Industries Limited: Update on material event

Godrej Industries Limited: Update on material event

18 Dec 2023

Godrej Industries Limited: [ICRA]AA (Stable) assigned to Rs. 500.00-crore Non-Convertible Debenture Programme; [ICRA]A1+ assigned to enhanced Rs. 1,000.00-crore Commercial Paper Programme; ratings reaffirmed for other facilities

Godrej Industries Limited: [ICRA]AA (Stable) assigned to Rs. 500.00-crore Non-Convertible Debenture Programme; [ICRA]A1+ assigned to enhanced Rs. 1,000.00-crore Commercial Paper Programme; ratings reaffirmed for other facilities

20 Dec 2022

Godrej Industries Limited: [ICRA]AA(Stable) assigned to Rs. 2,000 crore proposed Non-convertible debenture programme; [ICRA]A1+ assigned to enhanced Rs. 500.00 crore commercial paper programme; ratings reaffirmed for other facilities

Godrej Industries Limited: [ICRA]AA(Stable) assigned to Rs. 2,000 crore proposed Non-convertible debenture programme; [ICRA]A1+ assigned to enhanced Rs. 500.00 crore commercial paper programme; ratings reaffirmed for other facilities

11 Nov 2022

Godrej Industries Limited: Ratings reaffirmed

Godrej Industries Limited: Ratings reaffirmed

22 Feb 2022

Godrej Industries Limited - Update on material event

Godrej Industries Limited - Update on material event

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Entity-Specific Credit Perspective Reports

19 Nov 2024

Godrej Industries Limited

Godrej Industries Limited (Non-SF)

15 Jan 2024

Godrej Industries Limited

Godrej Industries Limited (Non-SF)

09 Dec 2022

Godrej Industries Limited

Godrej Industries Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Term Loan -- -- [ICRA]AA+(Stable) --
fund-based facilities – CC -- -- [ICRA]AA+(Stable) --
Non-Convertible Debenture -- -- [ICRA]AA+(Stable) --
Long Term/Short Term Unallocated [ICRA]A1+ -- [ICRA]AA+(Stable) --
Proposed Non-Convertible Debentures -- -- [ICRA]AA+(Stable) --
Commercial Paper [ICRA]A1+ -- -- --
Short term - Non fund based facilities [ICRA]A1+ -- -- --

Our Analysts

Analyst 1

Aman Mundhada

Analyst 2

Mythri Macherla

Sector Head

Shamsher Dewan
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