INTERISE TRUST has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Interise Trust (formerly IndInfravit Trust) announced that India Ratings and Research (Ind-Ra) has reaffirmed its AAA credit rating with a 'Stable' outlook for the trust's long-term issuer rating. This rating action was taken under the SEBI Infrastructure Investment Trusts Regulations, 2014. The AAA rating is the highest investment-grade rating, indicating exceptional creditworthiness and low default risk. The rating reaffirmation suggests the trust's financial position and ability to meet debt obligations remain strong.
A reaffirmed AAA rating with Stable outlook is positive for unitholders and debenture holders, as it signals continued strong credit quality and lower borrowing costs. This may support investor confidence and stable unit price performance.