ICRA Limited has assigned a rating of ICRA AA+ (Stable) to JSW Infrastructure’s loan facilities aggregating ₹2,250 crore. The rating applies to both fund-based term loans of ₹2,250 crore and non-fund-based letter of credit limits of ₹400 crore. This rating reflects ICRA’s assessment of the company’s creditworthiness and stability. The ratings are valid as of September 16, 2025.
ICRA Credit Rating Assignment
JSW Infrastructure announced that ICRA Limited has assigned a credit rating of ICRA AA+ (Stable) to its loan facilities. This rating was communicated via a letter dated September 16, 2025. The assigned rating covers a total amount of ₹2,250 crore in loan facilities provided by Axis Bank Limited.
Details of Rated Facilities
The ICRA AA+ (Stable) rating applies to the following facilities:
- Fund Based Term Loan: ₹2,250 crore
- Non-Fund Based Limits-Letter of Credit: ₹400 crore
ICRA has indicated that the ratings are subject to surveillance and potential review based on new information or circumstances. Details of the rating rationale are available on ICRA’s website.
Source: BSE
