Indus Infra Trust has informed the Exchange regarding Credit rating Review on 25/04/2025
Awaiting price reaction for this filing.
Indus Infra Trust has shared the outcome of its annual credit rating review conducted by India Ratings & Research. The Trust's Rupee Term Loan of Rs. 600 crore from Axis Bank has been reaffirmed at IND AAA with a Stable outlook, which is the highest investment-grade rating available in India. The bank-wise facilities have been detailed in the annexure, and the overall facility rating remains unchanged from the previous rating letter dated 10 May 2024. This rating covers the Trust's existing Rs. 600 crore term loan facility.
A reaffirmed AAA/Stable rating signals strong creditworthiness and low default risk, which is positive for unit holders and lenders. It suggests the Trust's debt servicing capacity remains robust and borrowing costs should remain favorable.