Hero Motors544936Credit rating maintained/reaffirmed
CRISIL reaffirms Crisil A+/Stable and Crisil A1 on Rs. 400 Crores bank loan facilities of Hero Motors
CRISIL A+Reaffirmed · CRISIL Ratings
- Long-term Rating
- Crisil A+/Stable (Reaffirmed)
- Short-term Rating
- Crisil A1 (Reaffirmed)
- Bank Loan Facilities
- Rs. 400 Crores
- Lenders
- Axis Bank, Kotak Mahindra Bank, Standard Chartered Bank and ICICI Bank
- Rating Letter Date
- September 30, 2026
CRISIL reaffirms Crisil A+/Stable and Crisil A1 on Rs. 400 Crores bank loan facilities of Hero Motors.
SEBI CRA Circular
CRISIL rating letter
Disclosure letter to exchanges
Also from Hero Motors
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7 Oct 2026
Hero Motors shares fell over 9% intraday, down more than 3% in the last hour alone
28 Sep 2026
Hero Motors shares fell more than 3% in the last hour and were down about 9.3% for the day
28 Sep 2026
More numbers
- Total bank loan facilities ratedRs. 400 Crores
- Working Capital Facility - Axis Bank Limited162.96 (Rs. in Crore)
- Term Loan - Axis Bank Limited43.15 (Rs. in Crore)
- Term Loan - ICICI Bank Limited37.73 (Rs. in Crore)
- Term Loan - Standard Chartered Bank37.66 (Rs. in Crore)
- Working Capital Facility - Kotak Mahindra Bank Limited30 (Rs. in Crore)
- External Commercial Borrowings - Axis Bank Limited20.85 (Rs. in Crore)
- Validity period for availing proposed facilities180 days
Source: BSE · 1 Oct 2026
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