NSEUpdates5 Oct 2026 · 5 Oct 2026, 05:47 pm
Updates
IRB Infrastructure Developers Limited · IRB
✦ AI SummaryRating Change
IRB Infrastructure Developers Limited has informed the Exchange that Fitch Ratings has affirmed its Long-Term Issuer Default Rating and the rating on its US-dollar senior secured notes at 'BB+', with a Stable Outlook.
Analysis Scores
Earnings Impact1/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
IRB Infrastructure Developers Limited has informed the Exchange regarding 'Fitch Ratings has affirmed IRB Infrastructure Developers Limited's Long-Term Issuer Default Rating and the rating on its US-dollar senior secured notes '.
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IRB_05102026174218_Intimation_credit_rating_Fitch_IRBIDL.pdf
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October 5, 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 Fitch Ratings
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
it is hereby informed that Fitch Ratings has affirmed IRB Infrastructure Developers Limited's Long-Term
Issuer Default Rating and the rating on its US-dollar senior secured notes at 'BB+'. The Outlook is Stable.
Type of Rating Earlier Rating Revised Rating Status
Long-Term Issuer Default Rating BB+ BB+ Affirmed
US- Dollar Senior Secured Notes BB+ BB+ Affirmed
For ratings rationale and other details, please refer to the communication from Fitch Ratings at
https://www.fitchratings.com/site/pr/10360437
You are requested to kindly take the above information on record.
Thank you,
Yours Faithfully,
For IRB Infrastructure Developers Limited
Mehul Patel
Company Secretary