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IRB Infrastructure Developers informs about change in rating outlook

30 Apr 2022 Evaluate

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, IRB Infrastructure Developers has informed that the India Ratings and Research (Ind-Ra) has revised the company’s Outlook from Negative to Positive while affirming its Long-Term Issuer Rating at ‘IND A+’. The instrument-wise rating actions are attached. Communication from the rating agency covering the rationale for rating can be viewed at https://www.indiaratings.co.in/pressrelease/58237.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 3699.00
Kalpataru Projects 1456.60
NCC 126.90
Rail Vikas Nigam 196.00
KEC International 362.35
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