Indigrid Infrastructure Trust has informed the Exchange regarding Credit rating Review on 02/06/2026
Awaiting price reaction for this filing.
IndiGrid Infrastructure Trust received a credit rating review from India Ratings & Research on June 02, 2026. All existing ratings were reaffirmed with a Stable outlook. Long-term senior debt, non-convertible debentures (INR 62.92 billion), and bank loan facilities (INR 33.31 billion) all retained the highest IND AAA rating, while commercial paper (up to 365 days) of INR 5 billion retained the top-tier IND A1+ short-term rating. The size of the non-convertible debenture programme was reduced from INR 72.27 billion to INR 62.92 billion, indicating about INR 9.35 billion of debt repayment or maturity.
Reaffirmation of the top AAA/A1+ ratings signals strong financial health and easy access to low-cost debt for unit holders. The reduction in outstanding debentures is mildly positive as it lowers future interest burden and leverage.