Hot Pursuit

02-Sep-2026, 06:34

UPL Ltd announced that CRISIL Ratings Limited (“CRISIL”) has revised the outlook on UPL Limited’s long-term bank facilities from ‘Negative’ to ‘Stable’ and reaffirmed the rating at ‘CRISIL AA+’; CRISIL has also reaffirmed its ‘CRISIL A1+’ rating on the Company’s short-term bank facilities and commercial paper programme, with no enhancements, assignments, or withdrawals reported by the rating agency. The detailed rationale for these ratings can be found at https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/UPLLimited_September%2002_%202026_RR_390892.html, and no other rating agencies were mentioned in the communication.