News ArticleBharat Petroleum Maintains Crisil AAA and A1+ Credit Ratings on Debt Instruments Up to ₹1,05,000 Crore
Ratings reaffirmed for bank loan facilities, commercial paper, and future non-convertible debenture issuances as per SEBI regulation disclosures
Bharat Petroleum Corporation Limited has reaffirmed Crisil AAA/Stable and Crisil A1+ credit ratings on its bank loan facilities, non-convertible debentures, and commercial paper, covering up to ₹1,05,000 crore in bank loans and up to ₹10,000 crore for future debenture issuances, as per Crisil Ratings Limited.
Bharat Petroleum Corporation Limited
Credit Rating
Bharat Petroleum Corporation Limited has announced the reaffirmation of its Crisil credit ratings, including AAA/Stable for bank loan facilities amounting to ₹1,05,000 crore and A1+ for various commercial paper issuances, along with reaffirmed or newly assigned ratings for future non-convertible debentures totaling ₹10,000 crore.
Crisil Ratings Limited has reaffirmed Bharat Petroleum's bank loan facilities with a Crisil AAA/Stable rating, ensuring high credit quality and strong capacity to meet financial commitments.
The company’s commercial paper programs, including existing ISINs INE029A14BY2 and INE029A14BX4 worth ₹1,000 crore and ₹3,000 crore respectively, continue to hold a Crisil A1+ rating, indicating strong creditworthiness for short-term borrowings.
For future issuances, non-convertible debentures worth ₹10,000 crore have been assigned or reaffirmed a Crisil AAA/Stable rating, supporting the company’s borrowing plans.
The overall credit rating status reflects the company’s established credit profile under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
These ratings cover bank loans, commercial papers, and bonds, and provide stakeholders with assurance of the company’s financial stability and ability to service debt obligations.
Highlights
- Bank loan facilities of ₹1,05,000 crore rated Crisil AAA/Stable, reaffirmed by Crisil Ratings Limited.
- Non-convertible debentures up to ₹10,000 crore assigned or reaffirmed Crisil AAA/Stable rating.
- Commercial paper programs totaling ₹10,000 crore maintain Crisil A1+ short-term rating.
- The announcement complies with SEBI Regulations 30 disclosure requirements on 27th October 2026.
- Ratings cover both existing and future debt issuances, reflecting ongoing financial strength.
Key Data Snapshot
What happened
- Bharat Petroleum Corporation Limited received reaffirmation and assignment of credit ratings from Crisil Ratings Limited for various debt instruments.
- This includes bank loan facilities, non-convertible debentures, and commercial papers covering both existing and future issuances.
Key details
- Bank loan facilities amounting to ₹1,05,000 crore carry a Crisil AAA/Stable rating, reaffirmed by Crisil.
- Non-convertible debentures intended for future issuance worth ₹10,000 crore have been assigned or reaffirmed a Crisil AAA/Stable rating.
- Commercial papers under specific ISINs totaling ₹4,000 crore maintain a Crisil A1+ rating, with an additional ₹6,000 crore planned for future commercial paper issuance rated A1+.
- The ratings were announced as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on 27th October 2026.
Highlights
- Bank loan facilities of ₹1,05,000 crore rated Crisil AAA/Stable, reaffirmed by Crisil Ratings Limited.
- Non-convertible debentures up to ₹10,000 crore assigned or reaffirmed Crisil AAA/Stable rating.
- Commercial paper programs totaling ₹10,000 crore maintain Crisil A1+ short-term rating.
- The announcement complies with SEBI Regulations 30 disclosure requirements on 27th October 2026.
- Ratings cover both existing and future debt issuances, reflecting ongoing financial strength.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Source Information
More News on Credit Rating
View allLatest corporate announcements and market updates in Credit Rating.
Suzlon Energy Limited's Rs.5685 Crore Bank Facilities Upgrade to CRISIL AA- and A1+ Ratings with Stable Outlook
Suzlon Energy Limited announced that CRISIL has upgraded the credit ratings on its total bank loan facilities amounting to Rs.5685 Crores to a long-term rating of AA- with a stable outlook and a short-term rating of A1+.
Read Full Story
Mazagon Dock Shipbuilders Secures ₹1,250 Crore Credit Facility to Issue Standby Letter of Credit for Colombo Dockyard PLC
Mazagon Dock Shipbuilders Limited's board has approved an additional ₹1,250 Crore credit facility with State Bank of India to issue a Standby Letter of Credit on behalf of its subsidiary Colombo Dockyard PLC, Sri Lanka, enabling bank guarantees for the subsidiary’s clients as required by shipbuilding contracts.
Read Full Story
Knowledge Realty Trust Secures Revalidation of Crisil A1+ Rating for Rs. 1500 Crore Commercial Paper Issue
Knowledge Realty Trust has successfully revalidated its Crisil A1+ credit rating for its Rs. 1500 crore commercial paper program, as affirmed by Crisil Ratings Limited on October 26, 2026, signaling a very strong safety level for timely debt payments.
Read Full Story
