BSEOthers6d ago · 13 Aug 2026, 08:29 pm
Indigrid Infrastructure Trust has informed the Exchange regarding Credit rating Review on 12/08/2026
IndiGrid Infrastructure Trust · 540565
✦ AI SummaryRating Change
IndiGrid Infrastructure Trust has received credit ratings from CRISIL Ratings Limited and ICRA Limited on August 12, 2026, with ratings ranging from AAA to A1+.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
IndiGrid Infrastructure Trust - 540565 - 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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INDIGRID INVESTMENT MANAGERS LIMITED
Date- August 13, 2026
BSE Limited National Stock Exchange of India Limited
Department of Corporate Services Listing Department
Phiroze Jeejeebhoy Towers Exchange Plaza, C/1, Block G,
Dalal Street, Mumbai - 400001, Bandra-Kurla Complex, Bandra (East),
Maharashtra, India Mumbai — 400051, Maharashtra, India
Security Code - 540565 Symbol - INDIGRID
Subject: Credit Rating of IndiGrid Infrastructure Trust on August 12, 2026
Dear Sir/ Madam,
Pursuant to Regulation 20, 23 of the Securities and Exchange Board of India (“SEBI”) (Infrastructure
Investment Trusts) Regulations, 2014, as amended from time to time, Chapter 4 of SEBI Master Circular No.
SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025 and other applicable laws and regulations, this is
to inform you that IndiGrid Infrastructure Trust has received the following ratings from CRISIL Ratings Limited
and ICRA Limited on August 12, 2026:
Name of
Amount Link to
Credit Instrument
(In INR Rating assigned Outlook Rating Action Rating Press
Rating Type
Crore) Release
Agency
Long Term
Rating- Crisil AAA
Bank Loan 5,120 Stable Reaffirmed
Short Term Rating
CRISIL - Crisil A1+ CRISIL
Ratings Non- Ratings
14017.3
Limited Convertible Crisil AAA Stable Reaffirmed Limited
Debentures
Non-
Convertible 300 Crisil AAA Stable Assigned
Debentures
Non-
Convertible 10790 ICRA AAA Stable Reaffirmed
Debentures
Proposed
Non-
300 ICRA AAA Stable Assigned
Convertible
Debentures
ICRA Proposed ICRA Limited
Limited Non-
800 ICRA AAA Stable Reaffirmed
Convertible
Debentures
Term Loan 950 ICRA AAA Stable Reaffirmed
Long- ICRA AAA/ ICRA
10 Stable Reaffirmed
Term/Short- A1+
IndiGrid Investment Managers Limited
Registered & Corporate Office: Unit No. 101, First Floor, Windsor, Village KoleKalyan, off CST Road, Vidyanagari Marg, Kalina,
Santacruz (East), Mumbai – 400 098, Maharashtra, India CIN: U28113MH2010PLC308857
Ph: +91 72084 93885 | Email: complianceofficer@indigrid.com | www.indigrid.co.in
INDIGRID INVESTMENT MANAGERS LIMITED
Term – Fund-
Based –
Overdraft
Short-Term –
Non-Fund
40 ICRA A1+ - Reaffirmed
Based – Bank
Guarantee
Short-Term –
Non-Fund
200 ICRA A1+ - Reaffirmed
Based –
Others
Commercial
500 ICRA A1+ - Reaffirmed
Paper
Issuer Rating - ICRA AAA Stable Reaffirmed
The rating rationale can be accessed through the link below on the Credit Rating Agencies’ website.
Link to CRISIL Ratings Limited’s website: CRISIL Ratings Limited
Link to ICRA Limited’s website: ICRA Limited
You are requested to kindly take the same on record.
Thanking you,
For IndiGrid Investment Managers Limited
(Acting as the Investment Manager of IndiGrid Infrastructure Trust)
Urmil Shah
Company Secretary & Compliance Officer
ACS – 23423
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1. Axis Trustee Services Limited
The Ruby, 2nd Floor, SW 29 Senapati Bapat Marg, Dadar West,
Mumbai- 400 028 Maharashtra, India
2. IDBI Trusteeship Services Limited
Universal Insurance Building, Ground Floor, Sir P.M. Road,
Fort, Mumbai – 400001
IndiGrid Investment Managers Limited
Registered & Corporate Office: Unit No. 101, First Floor, Windsor, Village KoleKalyan, off CST Road, Vidyanagari Marg, Kalina,
Santacruz (East), Mumbai – 400 098, Maharashtra, India CIN: U28113MH2010PLC308857
Ph: +91 72084 93885 | Email: complianceofficer@indigrid.com | www.indigrid.co.in