BSECompany Update1 Oct 2026 · 1 Oct 2026, 03:14 pm
Moody''s Investor Service has issued an update on the long term corporate family rating and the instrument rating assigned to USD senior secured notes.
IRB Infrastructure Developers Ltd · 532947
✦ AI SummaryRating Change
IRB Infrastructure Developers Ltd has informed that Moody's Investor Service has updated its long-term corporate family rating and instrument rating for the company's USD senior secured notes due 2032. The ratings remain Ba1 for the corporate family rating and Ba2 for the instrument rating, with a stable outlook.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment6/10
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IRB Infrastructure Developers Ltd - 532947 - Intimation Of Credit Rating By Moody''s Investor Services
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October 01, 2026
Corporate Relationship Department, Listing Department,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C-1 Block G,
Dalal Street, Mumbai 400 001. Bandra Kurla Complex, Bandra (E), Mumbai 400 051
Dear Sir / Ma’am,
Ref: Scrip Code: 532947, Symbol: IRB
Sub.: Intimation of Credit Rating by Moody’s Investor Services
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
it is hereby informed that Moody’s Investor Service (Moody's) has issued an update on the long-term
Corporate Family Rating (CFR) of IRB Infrastructure Developers Limited (“Company”) and the instrument
rating assigned to its USD senior secured notes due 2032 as below. The outlook is stable.
Type of Rating Earlier Rating Revised Rating
Long-Term Corporate Ba1 Ba1
Family Rating
Instrument Rating Ba2 Ba2
For ratings rationale and other details, please refer to the communication from Moody’s at
https://www.moodys.com/
You are requested to kindly take the above information on record.
Thanking you,
Yours Faithfully,
For IRB Infrastructure Developers Limited
Mehul Patel
Company Secretary