National Highways Infra Trust has informed the Exchange regarding Credit rating Review on 23/04/2025
Awaiting price reaction for this filing.
National Highways Infra Trust (NHIT) has completed its annual credit rating review with two agencies — CARE Ratings and India Ratings & Research. Both agencies have reaffirmed the highest investment-grade rating of AAA with a Stable outlook across all instruments, including long-term bank facilities of Rs 21,194.15 crore, non-convertible debentures, zero-coupon bonds, and the issuer rating. The reviews were carried out on April 22 and April 23, 2025. There is no change in rating or outlook from the previous assessment. The trust's total rated debt instruments span multiple ISINs maturing between 2034 and 2047.
This is a routine reaffirmation confirming NHIT maintains the highest credit quality, which supports its low borrowing costs and signals strong financial health to existing and potential debenture holders. No material impact on stock price is expected as there is no rating change.