Pilani Investment and Industries Corporation Limited — Credit Ratings, 18-12-2025: Credit Rating

Pilani Investment and Industries Corporation Limited's ratings have been affirmed by CRISIL Ratings. The Commercial Paper program of ₹2,000 Cr retains a CRISIL A1+ rating. The Non-Convertible Debentures program, now enhanced to ₹1,000 Cr, is rated CRISIL AA+/Stable. Both ratings reflect a very high degree of safety for timely financial obligations and very low credit risk.