India Shelter Finance Corporation Limited has received an update on the credit ratings for its bank loan facilities from India Ratings and Research Private Limited (Ind-Ra). Facilities totaling ₹20,000 million have been reviewed. Specifically, one existing facility of ₹10,000 million was Affirmed, while a new facility of ₹10,000 million was Assigned. Both facilities now hold the rating of IND AA-/Stable, signaling strong credit quality.
Credit Rating Action by India Ratings
India Shelter Finance Corporation Limited today announced the outcome of the credit rating review for its existing and new bank loan facilities conducted by India Ratings and Research Private Limited (Ind-Ra). This intimation is being provided following the mandatory disclosure requirements.
Rating Details for Loan Facilities
The rating actions cover bank loan facilities totaling ₹20,000 million (or ₹20,000 lakh). The specific actions taken by Ind-Ra are detailed below:
Existing Facility
- Type of Facility: Bank loan facilities
- Size of Issue: ₹10,000 million
- Rating Assigned: IND AA-/Stable
- Rating Action: Affirmed
New Facility
- Type of Facility: Bank loan facilities
- Size of Issue: ₹10,000 million
- Rating Assigned: IND AA-/Stable
- Rating Action: Assigned
The current rating of IND AA-/Stable across both facilities suggests a high degree of safety regarding timely servicing of financial obligations and carries low credit risk.
Regulatory Filings
The company has formally submitted this information to both the BSE Limited (Scrip Code: 544044) and the National Stock Exchange of India Limited (Symbol: INDIASHLTR) as of March 09, 2026, for public dissemination.
Source: BSE
