Torrent Pharmaceuticals Limited — Credit Ratings, 05-01-2026: Credit Rating

ICRA Limited has reaffirmed Torrent Pharma's long-term credit rating for banking facilities & NCDs at [ICRA] AA+ with a Stable outlook. The short-term rating for the commercial paper program was also reaffirmed at [ICRA] A1+ for existing amounts and assigned for an enhanced amount. This reflects stable credit quality for the company.