IRB Infrastructure Developers receives affirmation in credit ratings from India Ratings & Research

IRB Infrastructure Developers announced that India Ratings and Research (Ind-Ra) has affirmed the company's Long-Term Issuer Rating at 'IND AA-'. The Outlook is Stable.

The instrument-wise rating actions are as follows:

Non - Convertible Debentures (NCDs) - IND AA-/Stable
Non - fund based working capital limits - IND AA-/Stable/IND A1+
Term Loan - IND AA-/Stable

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