Chennai Petroleum Corporation Limited (CPCL) has achieved a significant milestone by receiving a Crisil AAA/Stable rating from Crisil Ratings for its bank facilities and commercial paper, amounting to ₹3,000 crore. This reaffirmed rating underscores CPCL's robust financial standing and creditworthiness. The announcement, dated November 7, 2025, is in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, highlighting the company's commitment to transparency and investor relations. Investors can access the updated credit rating details on the company's official website.

The reaffirmed ratings apply to various debt instruments and facilities offered by prominent lenders, including State Bank of India, IndusInd Bank, ICICI Bank, and others. The major ratings for CPCL include Crisil AAA for cash credit and fund-based facilities across multiple banks, reflecting a stable outlook. Additionally, the commercial papers have been rated Crisil A1+, indicating a strong capacity to meet short-term financial obligations. Notably, the ₹810 crore Non-Convertible Debentures (NCD) rated AAA/Stable have been withdrawn following their full redemption on July 17, 2025.

This strong credit rating positions CPCL favorably in the capital markets, enhancing its ability to secure financing at competitive rates. The positive outlook not only bolsters investor confidence but also facilitates future growth opportunities for the corporation. As CPCL continues to expand its operations and optimize its financial strategies, this acknowledgment from Crisil serves as a testament to its operational resilience and commitment to maintaining high standards of financial governance.