BSEOthers26 Aug 2026 · 26 Aug 2026, 06:26 pm
Capital Infra Trus has informed the Exchange regarding Credit rating Review on 26/08/2026
Capital Infra Trus · 544338
✦ AI Summary▲ PositiveRating Change
Capital Infra Trust has informed the Exchange regarding Credit rating Review on 26/08/2026, where CARE Ratings Limited has reaffirmed its Issuer rating of Capital Infra Trust as "CARE AAA/Stable".
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
Capital Infra Trus - 544338 - 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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August 26, 2026
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department Exchange Plaza, C-l, Block-G
Phiroze Jeejeebhoy Towers, Dalal Street, Bandra Kurla Complex,
Fort, Mumbai- 400001 Bandra (E), Mumbai-400051
Scrip Code: 544338 Symbol: CAPINVIT
ISIN: INE0Z8Z07016, INE0Z8Z07024
Subject: Intimation of review of Credit Rating by CARE Ratings Limited
Dear Sir / Madam,
Pursuant to Regulation 23 of the Securities and Exchange Board of India (Infrastructure Investment
Trusts) Regulations, 2014 (“InvIT Regulations”) and other applicable provisions, as amended from time
to time, read with SEBI Master Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11,
2025, and subject to other applicable laws and regulations, we would like to inform that the CARE
Ratings Limited, has reaffirmed its Issuer rating of Capital Infra Trust (“Trust”) as “CARE AAA/Stable”
vide its letter dated August 26,2026 (enclosed as Annexure I), as mentioned hereunder:
Sr. Instrument type Amount (In Rating Outlook Rating
No. INR Crore) assigned Action
1. Issuer Rating 0.00 CARE AAA Stable Reaffirmed
Kindly take the above information on your records.
The above information is also available on the website of the Trust i.e. https://capitalinfratrust.com/.
For Capital Infra Trust
(acting through its Investment Manager, Gawar Investment Manager Private Limited)
Shubham Jain
Company Secretary and Compliance Officer
Enclosed: As above
Copy to:
Trustee to the Trust Debt Security Trustee
Axis Trustee Services Limited IDBI Trusteeship Services Limited
Axis House, P B Marg, Worli, Mumbai, Ground Floor, Universal Insurance Building
Maharashtra, India – 400025 Sir P.M. Road, Fort, Mumbai, Maharashtra –
400001
CAPITAL Infra Trust 0124 – 4920139 Registration no:
(formerly known as National Infrastructure Trust) compliance@capitalinfratrust.com IN/InvIT/23-24/0029
Unit No. 1401 -1403, 14th Floor, Tower B, SAS Tower,
Medicity, Sector - 38, Gurugram - 122001, Haryana
No. CARE/NRO/RL/2026-27/1971
Shri Akhil Banthiya
Chief Financial Officer
Capital Infra Trust
14th Floor , Tower B, Unit no. 1401-1403
SAS Tower , Medicity
Gurgaon
Haryana 122001
August 26, 2026
Confidential
Dear Sir,
Issuer Rating
On the basis of recent developments including operational and financial performance of your Company for FY26
(Audited) and Q1FY27 (Unaudited), 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 Company 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 is enclosed for your perusal as
Annexure 2. We request you to peruse the annexed document and offer your comments if any. We are doing
this as a matter of courtesy to our clients and with a view to ensure that no factual inaccuracies have
inadvertently crept in. Kindly revert as early as possible. In any case, if we do not hear from you by August 26,
2026, we will proceed on the basis that you have no any comments to offer.
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
Plot no. C-001 A/2 Sector 16B, Berger Tower, Gautam Corporate Office :4th Floor, Godrej Coliseum,
Budh Nagar, Noida, (UP) - 201301 Somaiya Hospital Road, Off Eastern Express
Phone: +91-120-4452000 Highway, Sion (E), Mumbai - 400 022
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,
Harsh Shah Prasanna Krishnan Lakshmi Kumar
Assistant Director Associate Director
harsh.shah@careedge.in prasanna.krishnan@careedge.in
Encl.: As above
CARE Ratings Limited
Plot no. C-001 A/2 Sector 16B, Berger Tower, Gautam Corporate Office :4th Floor, Godrej Coliseum,
Budh Nagar, Noida, (UP) - 201301 Somaiya Hospital Road, Off Eastern Express
Phone: +91-120-4452000 Highway, Sion (E), Mumbai - 400 022
Phone: +91-22-6754 3456 • www.careedge.in
CIN-L67190MH1993PLC071691
Page 2 of 3
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. Th
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