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Company News

Piramal Pharma Ltd
Piramal Pharma receives upgrade in LT credit ratings
Jul 21,2025
Piramal Pharma announced that CARE has revised the credit ratings assigned to the company as under:

Long term bank facilities - CARE AA; Stable (upgraded)
Long term / short term bank facilities - CARE AA; Stable / CARE A1 (long term rating upgraded; short term rating reaffirmed)
Short term bank facilities - CARE A1 (reaffirmed)
Issuer rating - CARE AA; Stable (upgraded)
Non convertible debentures - CARE AA; Stable (upgraded)
Commercial paper - CARE A1 (reaffirmed)

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