BSEGeneral6d ago · 23 Oct 2026, 12:37 pm
Energy Infrastructure Trust has informed the Exchange regarding Credit rating Review on 22/10/2026
Energy Infrastructure Trust · 542543
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Energy Infrastructure Trust has informed the Exchange regarding Credit rating Review on 22/10/2026. The company has received a credit rating of CARE AAA; Stable Re-affirmed from CARE Ratings Limited.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment6/10
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Energy Infrastructure Trust - 542543 - Reg 23(5)(d): Disclosure of details of any credit rating obtained by the InvIT and any change in such rating
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ENCAP INVESTMENT MANAGER PRIVATE LIMITED
CIN: U67190MH2010PTC202800
Registered Office: Seawoods Grand Central, Tower-1, 3rd Level, C Wing - 301 to 304,
Sector 40, Seawoods Railway Station, Navi Mumbai, Thane, Maharashtra - 400706, India
Tel No.: 91 22 3501 8000 Email: compliance@pipelineinvit.com
October 23, 2026
BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai - 400 001
Maharashtra, India
Sub: Intimation with respect to Credit Rating obtained by Energy Infrastructure Trust (“Trust’’)
Ref.: (a) Regulation 23(6) of the Securities and Exchange Board of India (Infrastructure Investment Trust)
Regulations, 2014 read with SEBI Master Circular for InvITs dated July 11, 2025
(b) Energy Infrastructure Trust (Scrip Code 542543) (ISIN: INE05KD23015)
Sir/Madam,
Pursuant to regulation 23(6)(d) of the Securities and Exchange Board of India (Infrastructure Investment Trusts)
Regulations, 2014, as amended from time to time and SEBI Master Circular for Infrastructure Investment Trusts dated
July 11, 2025, we wish to inform you that the following credit rating assigned by CARE Ratings Limited (“CARE”), dated
October 22, 2026:
Name of Rating Agency Rating Issued in respect of Rating Rating Action
CARE Ratings Ltd. Issuer rating CARE AAA; Stable Re-affirmed
We are enclosing herewith the credit rating letter issued by the rating agency for your information.
The credit rating letter is also available under the Investor Relations tab on the Trust's website at
www.pipelineinvit.com.
You are requested to kindly take the same on record.
Thanking you,
Yours faithfully,
For Energy Infrastructure Trust
EnCap Investment Manager Private Limited
(acting in its capacity as the Investment Manager of Energy Infrastructure Trust)
Ankitha Jain
Company Secretary & Compliance Officer
Membership no.: A36271
Encl: a/a
CC: Axis Trustee Services Limited (“Trustee of the Trust”)
2nd Floor, SW, The Ruby, 29, Senapati Bapat Marg,
Dadar West, Dadar - 400028, Mumbai,
Maharashtra, India
No. CARE/HO/RL/2026-27/3364
Shri Suchibrata Banerjee
Authorised Signatory
Energy Infrastructure Trust
Seawoods Grand Central, L & T Seawoods Tower-1, 3rd Level,
C Wing - 301 to 304, Sec 40, Dattay Tandel Marg,
Thane
Maharashtra 400706
October 22, 2026
Confidential
Dear Sir,
Issuer Rating
On the basis of recent developments including operational and financial performance of your Trust for FY26 (Audited)
and Q1FY27 (Un-Audited), our Rating Committee has reviewed the following rating:
Type of Rating Rating1 Rating Action
Issuer rating CARE AAA; Stable Reaffirmed
2. The rating is only an opinion on the general creditworthiness of the Trust and not specific to any particular
debt instrument.
3. The rating report for the rating will be communicated to you separately. A write-up (press release) on the
above rating is proposed to be issued to the press shortly, a draft of which shall be enclosed separately for
your perusal.
4. CARE Ratings Ltd. reserves the right to undertake a surveillance/review of the rating from time to time, based
on circumstances warranting such review, subject to at least one such review/surveillance every year.
1Complete definitions of the ratings assigned are available at www.careratings.com and in other CARE Ratings Ltd.’s publications.
CARE Ratings Limited
4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai
Phone: +91-22-6754 3456 • www.careedge.in
CIN-L67190MH1993PLC071691
Page 1 of 3
5. CARE Ratings Ltd. reserves the right to revise/reaffirm/withdraw the rating assigned as also revise the outlook,
as a result of periodic review/surveillance, based on any event or information which in the opinion of CARE
Ratings Ltd. warrants such an action. In the event of failure on the part of the entity to furnish such
information, material or clarifications as may be required by CARE Ratings Ltd. so as to enable it to carry out
continuous monitoring of the rating, CARE Ratings Ltd. shall carry out the review on the basis of best available
information. In such cases the credit rating symbol shall be accompanied by “ISSUER NOT COOPERATING”.
CARE Ratings Ltd. shall also be entitled to publicize/disseminate all the afore-mentioned rating actions in any
manner considered appropriate by it, without reference to you.
6. Our ratings do not factor in any rating related trigger clauses as per the terms of the facility/instrument, which
may involve acceleration of payments in case of rating downgrades. However, if any such clauses are
introduced and if triggered, the ratings may see volatility and sharp downgrades.
7. Users of this rating may kindly refer our website www.careratings.com for latest update on the outstanding
rating.
8. Our Issuer Ratings are not recommendations to buy or sell any securities of the issuer.
If you need any clarification, you are welcome to approach us in this regard.
Thanking you,
Yours faithfully,
Vedanthi Sampat Rishav Khaitan
Lead Analyst Assistant Director
vedanthi.kale@careedge.in rishav.khaitan@careedge.in
CARE Ratings Limited
4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai
Phone: +91-22-6754 3456 • www.careedge.in
CIN-L67190MH1993PLC071691
Page 2 of 3
Encl.: As above
Disclaimer
This disclaimer pertains to the ratings issued and content published by CARE Ratings Limited (“CareEdge Ratings”). Ratings are opinions on the
likelihood of timely payment of the obligations under the rated instrument and are not recommendations to sanction, renew, disburse, or recall the
concerned bank facilities or to buy, sell, or hold any security. Any opinions expressed herein are in good faith and are subject to change without notice.
The rating reflects the opinions as on the date of the rating. A rating does not convey suitability or price for the investor. The rating agency does not
conduct an audit on the rated entity or an independent verification of any information it receives and/or relies on for the rating exercise. CareEdge
Ratings has based its ratings/outlook on the information obtained from reliable and credible sources. CareEdge Ratings does not, however, guarantee
the accuracy, adequacy, or completeness of any information and is not responsible for any errors or omissions and the results obtained from the use of
such information. The users of the rating should rely on their own judgment and may take professional advice while using the rating in any way.
CareEdge Ratings shall not be liable for any losses that user may incur or any financial liability whatsoever to the user of the rating. The use or access
of the rating does not create a client relationship between CareEdge Ratings and the user.
CAREEDGE RATINGS DISCLAIMS WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR OTHER WARRANTIES OR CONDITIONS, TO THE EXTENT
PERMITTED BY APPLICABLE LAWS, INCLUDING WARRANTIES OF MERCHANTABILITY, ACCURACY, COMPLETENESS, ERROR-FREE, NON-
INFRINGEMENT, NON-INTERRUPTION, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE OR INTENDED USAGE.
Most entities whose bank facilities/instruments are rated by CareEdge Ratings have paid a credit rating fee, based on the amount and type of bank
facilities/instruments. CareEdge Ratings or its subsidiaries/associates may also be involved with other commercial transactions with the entity. CareEdge
Ratings does not act as a fiduciary by providing the rating. The ratings are intended for use only within the jurisdiction of India. The ratings of
CareEdge Ratings do not factor in any rating-related trigger clauses as per the terms of the facilities/instruments, which may involve acceleration of
payments in case of rating downgrades. However, if any such clauses are introduced and triggered, the ratings may see volatility and sharp
downgrades. CareEdge Ratings has established policies and procedures as required under applicable laws and regulations which are available on its
website.
Privacy Policy applies. For Privacy Policy please refer to https://www.carera
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