BSECompany Update3 Sept 2026 · 3 Sept 2026, 04:03 pm
Announcement under Regulation 30 (LODR) - Credit Rating
Indian Railway Finance Corporation Ltd · 543257
✦ AI SummaryRating Change
Indian Railway Finance Corporation Ltd has informed about the revision in its long-term issuer credit rating and outlook by Japan Credit Rating Agency, Ltd. The rating has been revised to 'A-' with a stable outlook from 'A++' with a stable outlook.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Indian Railway Finance Corporation Ltd - 543257 - Announcement under Regulation 30 (LODR)-Credit Rating
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INDIAN RAILWAY FINANCE CORPORATION LTD.
(A Goverilment of [iidici Enterpr`se) (CI\T: L65910DL 1986G01026363)
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Phone: +91-011-21361J80 E-mail: info@irfc.co.in Website h[tps.//irfc.co.in/
IRFC/SE/2026-27/43 03rd september, 2026
National Stock Exchange of India Limited BSE Limited
Listing department, Exchange Plaza, Listing Dept / Dept of Corporate Services,
Bandra-Kurla Complex, Bandra (E) P) Towers, Dalal Street,
Mumbai -400 001
i Mumbai-400 051
I Scrip Symbol: IRFC
Scrip Code: 543257
Sub: Intimation of revision in credit rating and its outlook
Sir/ Madam,
Pursuant to regulation 30 & 51 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 and other applicable regulations, it is hereby informed that |apan Credit Rating
Agency, Ltd. (]CR) through Its email dated 03rd September, 2026 has communicated revision in the
long-term issuer credit rating and outlook of the Company/IRFC to `A-I wlth Stable outlook from
`888+' with Stable outlook.
This is submitted for your information and record.
Thanking You,
For Indian Railway Finance Corporation Limited
(Vijay Babulal Shirode)
Company Secretary & Compliance Officer
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