Brickwork Ratings has reaffirmed the credit ratings for IFCI Limited’s debt instruments. The ratings for Non-Convertible Debentures/Bonds and Proposed NCDs are reaffirmed at BWR B+ with a Negative Outlook. Additionally, the rating for Proposed Commercial Papers is reaffirmed at BWR A4. The reaffirmed ratings are valid for twelve months until November 04, 2026.
Credit Rating Reaffirmation
IFCI Limited has announced that Brickwork Ratings has reaffirmed the ratings for its debt instruments. This decision, detailed in a notification dated November 06, 2025, provides an updated assessment of the creditworthiness of IFCI’s financial obligations.
Ratings Breakdown
The specific ratings reaffirmed by Brickwork Ratings are as follows:
Non-Convertible Debentures/Bonds: BWR B+ with a Negative Outlook
Proposed NCDs: BWR B+ with a Negative Outlook
Proposed Commercial Papers: BWR A4
Validity Period
The reaffirmed ratings will remain valid for a period of twelve months, expiring on November 04, 2026. This timeline aligns with the standard review cycle for credit ratings and provides a clear window for investors and stakeholders.
Source: BSE
