BSEIndiGrid Infrastructure TrustMediumNeutral
Announced Wed, 18 Jun · 16:00 IST
Indigrid Infrastructure Trust has informed the Exchange regarding Credit rating Review on 17/06/2025
Credit & Debt View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
ICRA Limited published a credit rating update for IndiGrid Infrastructure Trust on June 17, 2025, following the trust's announcement of definitive agreements to acquire Koppal-Narendra Transmission Limited (KNTL) and Renew Surya Aayan Private Limited (RSAPL). The company has explicitly confirmed that there is no change or update to the credit ratings that were reaffirmed or assigned on June 03, 2025. The rating rationale is available on ICRA's website.
Likely market impact
No material impact on shareholders — credit ratings remain unchanged despite the new acquisitions being considered by ICRA. This signals stability in IndiGrid's credit profile ahead of the new asset additions.