IRB Infrastructure Credit Ratings Affirmed by Fitch Ratings

Fitch Ratings has affirmed IRB Infrastructure Developers Limited’s Long-Term Issuer Default Rating at BB+ with a stable outlook. The rating on the company’s US-dollar senior secured notes has also been affirmed at BB+. The rating affirmations reflect Fitch’s assessment of IRB Infrastructure’s financial stability and project performance. These ratings are effective as of October 7, 2025.

Credit Rating Confirmation

IRB Infrastructure Developers Limited announced that Fitch Ratings has affirmed its Long-Term Issuer Default Rating at BB+. The ratings agency has also affirmed the BB+ rating on the company’s US-dollar senior secured notes. The outlook remains stable.

Ratings Details

The affirmation of the credit ratings by Fitch reflects their analysis of IRB Infrastructure’s financial health and operational performance. The ratings are based on Fitch’s independent assessment and analytical views. The effective date of these ratings is October 7, 2025.

Type of Ratings

The following ratings have been affirmed:

Long Term Issuer Default Rating: BB+

US Dollar Senior Secured Notes: BB+

Source: BSE

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