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Titan Company Ltd. receives reaffirmed CARE ratings for commercial paper and bank facilities
04-Aug-2026, 04:39
Titan Company Ltd announced on August 4th, 2026, that CARE Ratings Ltd. has assigned ratings to the company as follows: Commercial Paper at Rs 7,500.00 (enhanced from Rs 5,000.00), Long Term/Short Term Bank Facilities at Rs 5,525.00, and Short Term Bank Facilities at Rs 11,490.00, all carrying ratings of CARE A1+ and CARE AAA; Stable / CARE A1+. The rating agency has reaffirmed the existing ratings for all instruments.
Titan Company Ltd announced on August 4th, 2026, that CARE Ratings Ltd. has assigned ratings to the company as follows: Commercial Paper at Rs 7,500.00 (enhanced from Rs 5,000.00), Long Term/Short Term Bank Facilities at Rs 5,525.00, and Short Term Bank Facilities at Rs 11,490.00, all carrying ratings of CARE A1+ and CARE AAA; Stable / CARE A1+. The rating agency has reaffirmed the existing ratings for all instruments.
