Indus Infra Trust Receives CRISIL AAA/Stable Rating for Rs. 3000 Crore Bank Facilities
Indus Infra Trust received CRISIL AAA/Stable rating for Rs. 3000 crore long-term bank facilities on February 24, 2026. The facilities are distributed across Punjab National Bank and Axis Bank Limited, with the largest facility being Rs. 1149.67 crore. The AAA rating represents highest credit quality with stable outlook, communicated to exchanges in compliance with SEBI regulations.

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Indus Infra Trust has received a CRISIL AAA/Stable rating for its long-term bank facilities totaling Rs. 3000 crore. The infrastructure investment trust communicated this development to the stock exchanges on February 25, 2026, through its investment manager GR Highways Investment Manager Private Limited.
Credit Rating Overview
CRISIL Ratings Limited has assigned the highest credit rating of AAA with a stable outlook to the trust's bank facilities. The rating reflects the trust's strong creditworthiness and capacity for timely payment of financial obligations.
| Parameter | Details |
|---|---|
| Total Facilities Rated | Rs. 3000 crore |
| Rating Assigned | CRISIL AAA/Stable |
| Rating Agency | CRISIL Ratings Limited |
| Rating Date | February 24, 2026 |
Bank Facility Distribution
The rated facilities are distributed across multiple banking relationships, demonstrating diversified funding sources for the infrastructure trust.
| Bank | Facility Type | Amount (Rs. Crore) | Rating |
|---|---|---|---|
| Axis Bank Limited | Term Loan | 1149.67 | CRISIL AAA/Stable |
| Punjab National Bank | Term Loan | 682.00 | CRISIL AAA/Stable |
| Punjab National Bank | Term Loan | 560.96 | CRISIL AAA/Stable |
| Punjab National Bank | Term Loan | 260.00 | CRISIL AAA/Stable |
| Punjab National Bank | Term Loan | 225.00 | CRISIL AAA/Stable |
| Proposed Facility | Long Term Bank Loan | 122.37 | CRISIL AAA/Stable |
| Total | 3000.00 |
Regulatory Compliance
The rating intimation was made in accordance with Regulation 23 of the SEBI (Infrastructure Investment Trusts) Regulations, 2014, and SEBI Master Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025. The trust has also uploaded the rating information on its official website at indusinvit.com for investor access.
Rating Significance
The CRISIL AAA rating represents the highest degree of safety regarding timely servicing of financial obligations. The stable outlook indicates that the rating is unlikely to change in the near term. CRISIL maintains continuous surveillance of all assigned ratings and reserves the right to revise ratings based on new information or changing circumstances.
The communication was signed by Mohnish Dutta, Company Secretary & Compliance Officer of the investment manager, and copied to IDBI Trusteeship Services Limited, which serves as the trustee for the infrastructure investment trust.

































