Ceigall India Limited (CIL) has announced an update on its credit ratings from India Ratings & Research (Ind-Ra). The agency has affirmed the ratings on CIL's long-term bank facilities at ‘IND AA-’/‘IND A1+’ and revised the outlook to Stable from Negative. Additionally, India Ratings has assigned a rating of ‘IND A1+’ to CIL’s Commercial Paper program of ₹1,000 million (₹100 crore). This commercial paper facility is carved out of the company's working capital limits and will be used to meet working capital requirements. The rating letter from India Ratings, dated July 08, 2026, details the affirmation of ratings for bank loan facilities totaling ₹30,700 million (₹3,070 crore) with the outlook revised to Stable. This announcement also includes a comprehensive list of various instruments and their respective regulators, as per SEBI CRA Circular dated February 10, 2026.
