BSECompany Update5d ago · 15 Oct 2026, 02:58 pm
Please find enclosed intimation of credit rating for Non-convertible Debentures (NCDs) and Commercial paper (CP) by India Ratings and Research
Afcons Infrastructure Ltd · 544280
✦ AI SummaryRating Change
Afcons Infrastructure Ltd has received credit ratings for its Non-Convertible Debentures (NCDs) and Commercial paper (CP) from India Ratings and Research, with IND AA-/Stable rating for NCDs and IND A1+ rating for CP.
Analysis Scores
Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Afcons Infrastructure Ltd - 544280 - Announcement under Regulation 30 (LODR)-Credit Rating
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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