Indian Renewable Energy Development Agency Limited — Others, 25-06-2025: Security Cover Certificate

Indian Renewable Energy Development Agency Limited (IREDA) has announced a security cover certificate showing a security cover ratio of 2.61 times as of March 31, 2025, based on unaudited financials for the quarter. IREDA has issued multiple secured and unsecured listed debt securities totaling INR 3,12,68,11,42,000 at sanctioned value. The certificate confirms full compliance with the terms and covenants of these listed debt obligations. This strong security cover highlights IREDA’s solid asset backing of its borrowings, which supports creditor confidence and financial stability for debt holders.