Aptus Value Housing Finance India Limited has informed the Exchange that ICRA Limited has upgraded the Company's credit rating from [ICRA]AA- (Stable) to [ICRA]AA (Stable) for its long-term fund-based term loans and non-convertible debentures.
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ICRA Limited has upgraded Aptus Value Housing Finance India's credit rating from AA- (Stable) to AA (Stable). The upgrade covers two facilities: a long-term fund-based term loan of Rs 2,360 crores and non-convertible debentures worth Rs 326 crores, together totalling about Rs 2,686 crores. ICRA communicated this upgrade to the company on August 13, 2025. AA is a high safety category, indicating very strong capacity to meet financial commitments. The upgrade reflects improved confidence in the company's financial health and creditworthiness.
This is a positive development for shareholders and debt holders. A higher credit rating can lower the company's future borrowing costs, improve investor confidence, and may support the stock price in the short term.