News Debt Markets Embassy Office Parks REIT Secures Dual A1+ Ratings from CRISIL and CARE RatingsEmbassy Office Parks REIT Secures Dual A1+ Ratings from CRISIL and CARE Ratings
Embassy Office Parks REIT has secured dual credit rating confirmations for its Rs.2000 crore Commercial Paper programme, with CRISIL Ratings revalidating its CRISIL A1+ rating on March 09, 2026, and CARE Ratings reaffirming its CARE A1+ rating on March 10, 2026. Both A1+ ratings signify very strong safety for timely payment obligations with lowest credit risk, covering multiple ISINs under the programme.
*this image is generated using AI for illustrative purposes only.
Embassy Office Parks REIT has received dual credit rating confirmations for its Commercial Paper programme, with CRISIL Ratings Limited revalidating its CRISIL A1+ rating and CARE Ratings Limited reaffirming its CARE A1+ rating. The ratings cover the REIT's Rs.2000 crore Commercial Paper programme, as disclosed under Regulation 23(5) of the SEBI (Real Estate Investment Trusts) Regulations, 2014.
Dual Rating Agency Confirmations
The REIT secured rating confirmations from both major credit rating agencies within a day of each other. CRISIL Ratings issued its revalidation on March 09, 2026, while CARE Ratings provided its reaffirmation on March 10, 2026. Both A1+ ratings signify a very strong degree of safety regarding timely payment of financial obligations, carrying the lowest credit risk.
| Rating Agency: | Rating | Action | Date | Programme Size |
|---|---|---|---|---|
| CRISIL Ratings Limited: | CRISIL A1+ | Revalidate | March 09, 2026 | Rs.2000 crore |
| CARE Ratings Limited: | CARE A1+ | Reaffirm | March 10, 2026 | Rs.2000 crore |
Programme Coverage and ISIN Details
The rating confirmations cover multiple ISINs under the Commercial Paper programme. The ratings apply to three active ISINs, with one ISIN (INE041014056) having been redeemed as of the disclosure date.
| ISIN: | Status | CRISIL Action | CARE Action |
|---|---|---|---|
| INE041014064: | Active | Revalidate | Reaffirm |
| INE041014072: | Active | Revalidate | Reaffirm |
| INE041014056: | Redeemed | Revalidate | Reaffirm |
Rating Validity and Terms
CRISIL's rating letter remains valid for 60 calendar days from March 09, 2026, for issuing new commercial papers under the programme. CARE Ratings has set a validity period until May 09, 2026, requiring revalidation if the issue is not made within two months. Once instruments are issued, both ratings remain valid throughout the life of the Commercial Paper programme, which has a maximum maturity of one year.
Regulatory Compliance and Disclosure
The disclosure was made in compliance with SEBI REIT Regulations, with the REIT informing both the National Stock Exchange of India Limited and BSE Limited about the dual rating confirmations. The communication was signed by Vinittha Menon, Head - Company Secretary and Compliance Officer, on behalf of Embassy Office Parks Management Services Private Limited, which acts as the manager for Embassy Office Parks REIT.
Both rating agencies maintain continuous surveillance of all assigned ratings and reserve the right to withdraw or revise ratings based on new information or changing circumstances that may impact the credit assessment.
Source: None/Company/INE041025011/51bf302a-165f-4232-83d2-8a7906401a7c.pdf
Historical Stock Returns for Embassy Office Parks REIT
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.75% | +0.87% | -5.61% | +6.03% | +16.06% | +26.14% |
18
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
