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Thermax LimitedCredit Ratings, 20-01-2026: Credit Rating

20-01-2026 | 10:41 am

Crisil Ratings has reaffirmed Thermax Limited's credit ratings for its bank facilities. The long-term rating remains AA+ with a Stable outlook, and the short-term rating is A1+. The total bank loan facilities rated by Crisil have also been enhanced to Rs. 5500 Crore from Rs. 4270 Crore.

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