we wish to inform you that ICRA Limited has vide its letter dated 26th May, 2026, re-affirmed its rating on the long term bank facility and instrumnet of Indraprasth Medical Corporation ....
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ICRA Limited has re-affirmed Indraprastha Medical Corporation's credit ratings with the long-term rating maintained at [ICRA]AA(Stable) and short-term rating at [ICRA]A1+. The total rated facilities amount to Rs. 162.50 crore, comprising Rs. 92.50 crore term loans, Rs. 40 crore cash credit, and Rs. 30 crore short-term non-fund based facilities. The re-affirmation indicates ICRA sees no material change in the company's creditworthiness or debt servicing capability since the last rating exercise.
The re-affirmation of high-grade ratings is positive for shareholders as it signals the company's continued financial stability and low credit risk. This should support investor confidence in the company's debt obligations and financial health.