Corporate News     17-Aug-22
IRB Infrastructure Developers receives revision in credit ratings
From India Ratings and Research
IRB Infrastructure Developers announced that India Ratings and Research has upgraded the company's credit rating to IND AA- from IND A+. The outlook is Stable.

Non fund based facilities (Rs 1200 crore) - IND AA-/Stable/ IND A1+ (revised from IND A+/ Positive/ IND A1+)

Non convertible debentures (Rs 400 crore) - IND AA-/Stable (revised from IND A+/ Positive)

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