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Ashok Leyland LimitedCredit Ratings, 02-06-2026: Credit Rating

02-06-2026 | 05:34 pm

ICRA Limited has reaffirmed Ashok Leyland's long-term rating for NCDs and bank facilities at [ICRA]AA+ with a 'Stable' outlook. Short-term ratings for commercial paper and other facilities were reaffirmed at [ICRA]A1+. ICRA also assigned an [ICRA]AA+ (Stable) rating to proposed NCDs worth 300 Cr.

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