Indus Towers Limited — Credit Ratings, 19-07-2025: Credit Rating- Revision

Indus Towers has received a significant credit rating upgrade from CRISIL Ratings. The long-term bank loan facilities and Rs. 1,750 Cr bond have been upgraded from ‘Crisil AA+/Positive’ to ‘Crisil AAA/Stable’, reflecting a strengthened credit profile. Concurrently, the credit rating for short-term bank loan facilities and Commercial Papers has been reaffirmed at ‘Crisil A1+’. A Rs. 375 Cr bond rating was withdrawn due to redemption. This upgrade to the highest rating signifies enhanced creditworthiness, potentially leading to lower borrowing costs for Indus Towers and boosting investor confidence.