Titan Company Limited (TITAN) — Announcement

· NSE 🔴 High Importance Neutral
📢 Key Event
ICRA reaffirms Titan's AAA ratings and reduces FD programme limit
🔄 What Changed
Reduced FD programme limit from ₹6,200 crores to ₹3,000 crores
💡 Investor Takeaway
The rating reaffirmation confirms strong creditworthiness with no negative outlook.

Titan Company Limited received an ICRA credit rating update reaffirming its long-term and short-term ratings at AAA (Stable) for working capital facilities, term loans, and non-fund-based instruments, with a reduced fixed deposit programme limit of ₹3,000 crores from the previous ₹6,200 crores.

📄 View Original Announcement (PDF)

About Titan Company Limited (TITAN)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹3,70,126.93 Cr P/E: 77.6 ROE: 41.0% ROCE: 34.3%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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