Persistent Systems Limited has successfully maintained its strong credit profile. ICRA Limited has reaffirmed the company’s rating at [ICRA] AA+ (Stable). This affirmation follows a previous assignment of the same rating in January 2025 and confirms the rating as of March 5, 2026. The confirmation reflects confidence in Persistent Systems’ sustained performance and stable operational framework, as communicated by its Vice President and Company Secretary.
Credit Rating Maintenance Confirmed
Persistent Systems Limited announced today, March 5, 2026, that its credit rating has been reaffirmed by ICRA Limited. The rating assigned to the instruments of the company stands firm at [ICRA] AA+ (Stable). This rating was initially assigned on January 21, 2025, and the reaffirmation signifies continued stability and robust credit quality.
Disclosure Details
The confirmation was made public via a formal letter from ICRA, a copy of which has been attached to the submission to stock exchanges. The designated instrument rating action for the Issuer rating is specifically listed as reaffirmed, with no change in the amount or rating category noted in the rating action summary table. The reaffirmation indicates that ICRA’s outlook on Persistent Systems’ debt servicing capability remains strong.
Corporate Attestation
The intimation was signed and executed by Amit Atre, Company Secretary, and confirmed via digital signature on March 5, 2026. This formal disclosure serves to inform stakeholders of the sustained positive assessment of the company’s financial health and stability.
Source: BSE
