Indigrid Infrastructure Trust has informed the Exchange regarding Credit rating Review on 06/06/2025
Awaiting price reaction for this filing.
IndiGrid Infrastructure Trust received credit ratings from CRISIL Ratings Limited on June 6, 2025. CRISIL reaffirmed a 'Crisil AAA/Stable' rating on its long-term bank loans of ₹5,120 crore and on existing non-convertible debentures (NCDs) of ₹11,634.82 crore, along with a 'Crisil A1+' short-term rating on bank facilities. Additionally, CRISIL assigned a new 'Crisil AAA/Stable' rating on a fresh NCD issuance of ₹3,000 crore. Crisil AAA is the highest investment-grade rating, reflecting the strongest capacity to meet financial commitments.
Strong positive signal for unitholders — the trust retains the highest possible credit quality with a stable outlook, lowering borrowing costs. The ₹3,000 crore new NCD rating indicates fresh fundraising capacity at favourable rates, supporting future growth or refinancing plans.