| Piramal Finance today announced that CARE Ratings has upgraded its Long-Term Bank Facilities and Debentures rating to ‘CARE AA+; Stable' from ‘CARE AA; Stable', reflecting the continued strengthening of the company's financial and risk profile. This is the second domestic rating action at the AA+ level, following CRISIL's assignment of AA+/Stable in January 2026, reinforcing confidence in Piramal Finance's business stability, earnings resilience, and overall credit strength. |