ScoutQuest23 Oct 2026
IFB Industries505726Credit rating upgrade

Crisil upgrades IFB Industries Rs.450 crore and Rs.50 crore NCDs to Crisil AA/Stable; Rs.50 crore CP at Crisil A1+ reaffirmed

By ScoutQuest · · 1 min read

CRISIL AAUpgraded · Crisil Ratings Limited
PreviouslyCRISIL AA-NowCRISIL AA
Upgraded by Crisil Ratings Limited · CRISIL AA- to CRISIL AA · outlook Stable.
Long-term NCD rating
Crisil AA/Stable (upgraded from Crisil AA-/Positive)
Rated NCDs
Rs.450 crore and Rs.50 crore Non-Convertible Debentures
Commercial paper rating
Rs.50 crore Commercial Paper at Crisil A1+
Agency
Crisil Ratings Limited
Action
Upgraded

Crisil upgrades IFB Industries Rs.450 crore and Rs.50 crore NCDs to Crisil AA/Stable; Rs.50 crore CP at Crisil A1+ reaffirmed.

More numbers
  • Non-Convertible Debentures (previous Crisil AA-/Positive, now Crisil AA/Stable)Rs.50 Crore
  • Non-Convertible Debentures (previous Crisil AA-/Positive, now Crisil AA/Stable)Rs.450 Crore
  • Commercial Paper (Crisil A1+ reaffirmed)Rs.50 Crore
Source: BSE · 23 Oct 2026

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