Jindal Saw500378Credit rating maintained/reaffirmed

Brickwork reaffirms BWR AA/Stable on Jindal Saw's ₹500.00 crore NCD issue

Thu 8 Oct 2026

BWR AAReaffirmed · Brickwork Ratings

Reaffirmed by Brickwork Ratings · BWR AA · outlook Stable.

Rating Action: BWR AA/Stable reaffirmed for NCD issue
NCD Issue Size: ₹500.00 Crores (tenor up to 31 March 2031)
Coupon / Maturity / Validity: coupon 8.25% payable semiannually, maturity 31 March 2031, rating valid till 7 October 2027
Agency: Brickwork Ratings
Action: Reaffirmed

Brickwork reaffirms BWR AA/Stable on Jindal Saw's ₹500.00 crore NCD issue.

NCD issue date26 Mar 2021

Rating initially assigned9 Oct 2025

Rating mandate date4 Aug 2026

Rating reaffirmed (Brickwork letter)7 Oct 2026

Rating valid till7 Oct 2027

NCD maturity date31 Mar 2031

NCD issue date 26 Mar 2021 · Rating initially assigned 9 Oct 2025 · Rating mandate date 4 Aug 2026 · Rating reaffirmed (Brickwork letter) 7 Oct 2026 · Rating valid till 7 Oct 2027 · NCD maturity date 31 Mar 2031

More numbers

NCD issue size reaffirmed₹500.00 Crores
Amount of rated NCDs500.00 (Amount in ₹ Cr)
NCD coupon rate8.25% payable semiannually

Source: BSE · 8 Oct 2026

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