Indus Infra Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Indus Infra Trust has allotted 5,000 unsecured, listed, rated Commercial Papers worth Rs. 250 crore. Each CP has a face value of Rs. 5 lakh with maturity on 19th June 2026. The papers were issued at a discount rate of 6.90% per annum and carry a CARE A1+ credit rating, indicating highest short-term credit safety. The Commercial Papers have been listed on NSE's debt market segment. This issuance is part of a broader approved fund-raising plan of up to Rs. 1,000 crore through commercial papers in multiple tranches.
The A1+ rated commercial paper issuance provides a cost-effective short-term borrowing mechanism for the InvIT. The strong credit rating and reasonable 6.90% yield suggest investor confidence in the trust's creditworthiness, which is positive for existing stakeholders.