Godrej Industries Limited — Credit Ratings, 17-10-2025: Credit Rating

ICRA Limited has assigned `[ICRA]AA+ (Stable)` to Godrej Industries' proposed NCDs of ₹2,000 Cr. It has also reaffirmed `[ICRA]AA+ (Stable)` for existing NCDs (totaling ₹8,250 Cr) and other long-term bank facilities. Short-term instruments, including Commercial Paper worth ₹3,500 Cr, are reaffirmed `[ICRA]A1+`. These ratings indicate a high degree of safety.