Indus Towers Ltd.

BSE: 534816 | NSE: INDUSTOWER
Mid Cap | Telecommunication - Service Provider
407.50
-0.90 (-0.22%)
< Home < Back

Indus Towers informs about credit rating

Date: 22-02-2025
Pursuant to Regulation 30 read with Para A of Part A of Schedule III, Regulation 51 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indus Towers has informed that on February 21, 2025, CRISIL Ratings has revised the outlook on the long-term bank loan facilities and INR 1,750 Crore bond (debt instruments) of Indus Towers Limited (‘the Company’) from ‘Stable’ to ‘Positive’ while reaffirming the rating at ‘CRISIL AA+’. Further, credit rating assigned to Rs 750 crore bond (debt instruments) have been ‘withdrawn’ as they have been redeemed. The rating for short-term bank loan facilities and Commercial Papers is reaffirmed as Crisil A1+.

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