Indus Infra Trust has informed the Exchange regarding Credit rating obtained on 14/05/2026
Awaiting price reaction for this filing.
Indus Infra Trust has received a credit rating of CARE A1+ (the highest short-term rating indicating highest safety) from CARE Ratings Limited for its proposed Commercial Paper issuance of up to Rs. 1,000 crore. The rating was assigned on May 14, 2026. CARE A1+ is the top tier rating for short-term instruments, reflecting very strong ability to repay on time. The Trust must revalidate the rating if the CP issue is not made within two months (by July 12, 2026). This is a new rating assignment for a proposed CP program, not an upgrade or downgrade of existing debt.
This is a positive development for shareholders as obtaining the highest short-term rating (A1+) enhances the Trust's credibility with investors and lenders, making it easier to raise short-term funds at competitive rates. It signals strong financial health and timely payment ability.