Indigrid Infrastructure Trust has informed the Exchange regarding Credit rating Review on 27/05/2026
Awaiting price reaction for this filing.
ICRA Limited has reaffirmed its AAA/stable ratings for IndiGrid Infrastructure Trust across multiple debt instruments totaling approximately ₹13,540 crore. The instruments covered include Non-Convertible Debentures (NCDs) of ₹10,790 crore and ₹250 crore, proposed NCDs of ₹800 crore, a term loan of ₹950 crore, and various short-term facilities including commercial paper of ₹500 crore. The rating agency also withdrew the rating for ₹250 crore of matured NCDs upon their repayment. All ratings carry a stable outlook, indicating no immediate concerns about the trust's creditworthiness.
The reaffirmation of AAA ratings reflects continued financial strength and is positive for investors holding IndiGrid's debt instruments, as it signals low credit risk and lender confidence in the trust's ability to meet obligations.