PCBL Chemical Limited has received a credit rating reaffirmation from CRISIL Ratings Limited for its Commercial Paper programme valued at ₹550.00 crores. The rating agency has maintained the CRISIL A1+ rating, demonstrating confidence in the company's financial strength and creditworthiness.

Rating Details and Programme Structure

CRISIL Ratings Limited conducted a comprehensive review and reaffirmed the existing rating structure for PCBL Chemical Limited's debt instruments. The rating action was communicated through an official letter bearing reference number RL/PHICARB/385677/CP/0126/137438 dated January 9, 2026.

The CRISIL A1+ rating, pronounced as "CRISIL A one plus rating," represents the highest level of safety regarding timely payment of financial obligations and carries the lowest credit risk in the short-term rating category.

Regulatory Compliance and Disclosure

PCBL Chemical Limited promptly disclosed this rating reaffirmation to both the National Stock Exchange of India Limited (NSE) and BSE Limited on January 10, 2026, ensuring compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure was signed by K. Mukherjee, Company Secretary and Chief Legal Officer, and submitted to the respective listing departments of both stock exchanges. The company trades under NSE code PCBL and BSE code 506590.

Company Background

PCBL Chemical Limited operates from its registered office located at 31 Netaji Subhas Road, Kolkata, West Bengal, while maintaining its corporate office at RPSC House, Judges Court Road, Kolkata. The company, which was formerly known as PCBL Limited, carries the Corporate Identity Number L23109WB1960PLC024602, indicating its incorporation in West Bengal in 1960.

The rating reaffirmation provides PCBL Chemical Limited with continued access to short-term funding through the Commercial Paper market, supporting its working capital requirements and operational flexibility. This development reinforces the company's position in the financial markets and validates its creditworthiness among institutional investors and lenders.

PCBL Chemical Limited has announced that Crisil Ratings Limited has reaffirmed its credit ratings for the company's bank facilities worth ₹800.00 crores. The rating agency communicated this decision through a letter dated January 9, 2026, which the company has disclosed to stock exchanges under Regulation 30 compliance.

Rating Details and Facility Breakdown

Crisil Ratings has maintained the Crisil AA/Negative rating across all three facility categories after conducting its review. The rating reaffirmation covers multiple loan facilities that form part of the company's financing structure.

Regulatory Compliance and Disclosure

The company has formally communicated this rating reaffirmation to both the National Stock Exchange of India Limited and BSE Limited on January 10, 2026. The disclosure was made in accordance with regulatory requirements under Regulation 30, ensuring transparency with stakeholders and the investment community.

Company Information

PCBL Chemical Limited, formerly known as PCBL Limited, operates with its registered office located at 31 Netaji Subhas Road, Kolkata. The company maintains its corporate office at RPSC House, 4th Floor, 2/4 Judges Court Road, Kolkata. The rating reaffirmation reflects the credit agency's assessment of the company's financial position and ability to service its debt obligations across the specified facility amounts.