NSECredit Rating5d ago · 15 Oct 2026, 02:51 pm

Credit Rating

Afcons Infrastructure Limited · AFCONS

✦ AI SummaryRating Change

Afcons Infrastructure Limited has informed the Exchange about Credit Rating for Non-Convertible Debentures (NCDs) and Commercial paper (CP) by India Ratings and Research.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment6/10

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Afcons Infrastructure Limited has informed the Exchange about Credit Rating

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AFCONS_15102026145118_Afcons_Intimation_of_Credit_Rating_NCD_and_CP.pdf

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October 15, 2026 To To BSE Limited National Stock Exchange of India Ltd Corporate Relationship Dept., Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai 400001. Bandra (East), Mumbai 400 051. Scrip Code: 544280 Symbol: AFCONS Sub: Disclosure under Regulations 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations) – Intimation of Credit Rating for Non-Convertible Debentures (NCDs) and Commercial paper (CP) by India Ratings and Research In compliance with the provisions of Regulations 30 and 51 and other applicable provisions of the SEBI Listing Regulations, as amended from time to time, please take a note of the following ratings received by the Company from India Ratings and Research Pvt Ltd. (“India Ratings and Research”) on October 14, 2026, for Non-Convertible Debentures (NCDs) and Commercial paper (CP) of the Company. Sr. Instrument Type Rated Amount / Rating Rating No Size of Issue assigned along Action with Outlook / Watch 1 Proposed Non- INR 250 Crores IND AA-/Stable Assigned Convertible Debentures 2 Commercial paper INR 500 Crores IND A1+ Affirmed This information is also uploaded on the website at URL: https://www.indiaratings.co.in/pressrelease/86363 The above information is being uploaded on the website of the Company at www.afcons.com. Kindly take the same on record and disseminate on your website. Thanking you, Yours faithfully, For Afcons Infrastructure Limited Gaurang Parekh Company Secretary and Compliance Officer Membership No.: F8764 Afcons Infrastructure Limited Regd. O(cid:431)ice: Afcons House, 16, Shah Industrial Estate, Veera Desai Road, Azad Nagar, Andheri(W), Mumbai - 400 053, India, Tel.: +91-22-6719 1000, Email: secretarial@afcons.com www.afcons.com | CIN No.: L45200MH1976PLC019335